Experts warn that Apple's potential move of iPhone assembly from India to the US could harm its profit margins. Currently, India assembles 15% of iPhones, earning less than $30 per device, while the US retains a larger share of value through branding and components.

Apple is likely to be the biggest loser if it leaves India to build a manufacturing unit in the US as wanted by US President Donald Trump. The price of an iPhone will increase manifold.