World News
The High Price of India’s iPhone Manufacturing Boom
Key Points
India now makes one in four iPhones, but its dependence on imported components remains substantial. Bloomberg Opinion columnist Andy Mukherjee says the country's manufacturing gains may not justify the growing taxpayer subsidies needed to replicate China's success.
India now makes one in four iPhones, but its dependence on imported components remains substantial. Bloomberg Opinion columnist Andy Mukherjee says the country's manufacturing gains may not justify the growing taxpayer subsidies needed to replicate China's success. (Source: Bloomberg)