From our Opinion Editor: India and remaking of the global supply chain

News Snapshot:

As per reports, Apple is now looking to make all its iPhones for the US market in India by 2026, as it attempts to bring down its reliance on China as an export base. If these plans fructify — the tech giant currently sells in excess of 60 million iPhones in the US — it would imply that roughly a quarter of all iPhones sold globally could be from India. This doubling down by the US tech major on its India operations — the company recently exported 600 tons of phones from India “to ensure sufficient inventory” in the US...