Apple is expanding its operations in India, increasing its presence in the country. According to Commerce and Industry Minister Piyush Goyal, the Indian government is in regular contact with the tech behemoth to provide assistance with its business ventures. According to his statement, the electronics industry typically operates by first establishing a foundation and then gradually sourcing various components to integrate into their ecosystem.
“Apple is continuously expanding their operations in India. We are in regular touch with Apple, MeITY is also in touch with them. We hand-hold them because in a way, the eyes of the whole world are fixed on Apple,” he said.
The cupertino giant manufactures iPhones in India with the help of electronics behemoths Foxconn, Wistron, and Pegatron. According to the Minister, India’s exports of mobile and electronic goods have more than doubled in the last year, with Apple alone exporting around USD five billion from the country during that time. He also stated that the company intends to produce 25% of its global output in India over the next three to five years.
Apple also recently pledged to use 100 percent recycled cobalt in batteries by 2025, as part of its ambitious plan to achieve carbon neutrality for all of its products by the end of the decade.
Furthermore, the tech behemoth revealed that it will use recycled rare earth elements in magnets for its devices, and that its in-house designed printed circuit boards will use recycled tin soldering and gold plating. These efforts demonstrate Apple’s commitment to reducing its environmental footprint and promoting supply chain sustainability.
Apple is increasing its sustainability efforts in order to achieve carbon neutrality throughout its entire supply chain and product life cycle by 2030. The tech titan recently announced that it has doubled its financial contribution to a fund established two years ago to invest in carbon-reduction projects. This is consistent with the company’s ongoing commitment to lowering its carbon footprint and combating climate change.
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