Apple (AAPL) plans to manufacture most U.S.-bound iPhones in India by the end of 2026, to navigate potential China tariffs. While production costs in India are 5% to 8% higher, the iPhone maker is holding urgent talks with Foxconn and Tata to achieve this goal.

A new plant in India has begun operations to make Apple's (NASDAQ:AAPL) iPhone, while another will start shipments in May, Reuters reported, citing a person familiar with the matter. The developments come amid Apple bolstering its manufacturing in India as it seeks to diversify its supply chain base beyond China,