According to India's Economic Times, Apple is currently in the nascent stages of discussions with Indian chipmakers, with the ambition to assemble and package iPhone chips within India. Insiders with knowledge of the situation divulged that Apple has already initiated preliminary talks with CG Semi, a subsidiary of the Murugappa Group. Notably, CG Semi is in the process of establishing an outsourced semiconductor assembly and test (OSAT) facility in Sanand, Gujarat, India. This ambitious project is a collaborative venture among CG Power, Renesas Electronics, and Thailand's Stars Microelectronics. They have engaged the services of the renowned U.S. consulting firm Jacobs to oversee the engineering design.

Furthermore, Apple's outreach extends beyond CG Semi, as the tech giant has also engaged in discussions with other Indian chip manufacturers, including Micron Technology and the Tata Group. These conversations revolve around the local production of semiconductors tailored specifically for iPhones in India. Apple's strategic vision encompasses relocating 26% of its global iPhone production to India by the year 2026. This ambitious move is expected to drive the demand for locally produced semiconductors to a staggering $12 billion by that time, marking a significant shift in the global electronics manufacturing landscape.