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.

That’s what The Financial Times’ sources are saying, with the goal of producing “the entirety of the more than 60mn iPhones sold annually in the US by the end of 2026.” But the real goal is to avoid the worst of Trump’s tariffs and to continue the diversification of Apple’s supply chain to places outside China.