In a significant development, Apple is ramping up its manufacturing efforts in India, with plans to transform the country into a global export hub for its products. The tech giant has already begun producing iPhones in India and is now set to expand its manufacturing capabilities to other products, including MacBooks, iPads, and AirPods.
According to sources, Apple’s Indian manufacturing partners, Foxconn and Wistron, have started setting up new production lines in the country. The company is also in talks with the Indian government to establish a robust supply chain ecosystem, which will enable it to export products globally.
The move is seen as a strategic effort by Apple to reduce its dependence on China, where it currently manufactures the majority of its products. India’s business-friendly policies, skilled workforce, and large domestic market make it an attractive destination for Apple’s manufacturing ambitions.
The expansion is expected to create thousands of jobs in India and boost the country’s economy. Apple’s investment in India is also seen as a vote of confidence in the government’s “Make in India” initiative, which aims to promote domestic manufacturing.
Industry experts believe that Apple’s increased focus on India will have a significant impact on the country’s economy and cement its position as a major player in the global technology supply chain. “Apple’s expansion in India is a testament to the country’s growing importance in the global technology landscape,” said a industry analyst.
The Indian government has been actively courting Apple to expand its manufacturing presence in the country. In recent years, the government has introduced various incentives and policies to attract foreign investment in the manufacturing sector.
Apple’s decision to expand its manufacturing capabilities in India is also seen as a move to tap into the country’s large and growing domestic market. With a population of over 1.3 billion people, India offers a significant opportunity for Apple to grow its sales and revenue. Overall, Apple’s expanded manufacturing plans in India are expected to have a far-reaching impact on the country’s economy and its position in the global technology landscape.