Apple's shift to Indian manufacturing for a critical component like iPhone batteries suggests a significant strategic move. This could reduce geopolitical and supply chain risks, potentially leading to cost savings and improved margins. Investors are likely to view this positively in the short term, as it aligns with broader efforts to diversify production and reduce dependency on any single region.

Apple's investment into Indian manufacturing for iPhone batteries may attract other companies to consider India as a viable alternative to China. This could lead to increased foreign investment and a boost to the Indian economy, which would be positive for ETFs like INDA that are focused on the Indian market.

Apple's decision to move part of its production out of China could be indicative of a larger trend where companies seek to minimize risks by diversifying their supply chains. This could lead to reduced demand for Chinese manufacturing services, potentially impacting the performance of ETFs like FXI that track the Chinese market.