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.

The manufacturing move aims to address massive US tariffs against China that could spur higher prices on the company's biggest-selling product.

The plan involves relocating the production of more than 60 million iPhones annually to Indian facilities, enough to cover the entire US market, the report noted citing sources in the know.