Leading analyst Craig Moffett suggests any plans to move U.S. iPhone assembly to India is unrealistic. Moffett, ranked as a top analyst multiple times by Institutional Investor, sent a memo to clients on Friday after the Financial Times reported Apple was aiming to shift production toward India from China by the end of next year.

The iPhone maker is reportedly already in talks with some of the world’s largest manufacturers, like Foxconn and the Tata Group, about making the transition.

According to GSM Arena, reports from April 2024 indicate that India now manufactures around 14 per cent of all iPhones globally, with analysts predicting this number could rise to 25 per cent by the end of the year.