Apple’s products about to be made in India:
As part of the government’s ‘Make in India’ initiative, the Centre has requested that Apple produce $50 billion in annual production output in India over the next 5-6 years. This would include expanding its domestically manufactured product portfolio beyond iPhones to include Macbooks, iPads, AirPods, and watches.
At a high-level conference between top government officials and senior Apple functionaries, the Tim Cook-led business was asked to build India as a global sourcing base that would be used to export fully-built products around the world, similar to what is already being done in China.
“Senior representatives of the government, including a top minister, were present at the meeting with Apple officials recently,” a source told.
They explained that the Indian government informed the company that the country is creating an enabling environment to boost electronics manufacturing in the country, with a focus on exports.
Despite the fact that Apple’s key production partners, the Taiwanese three of Foxconn, Wistron, and Pegatron, have set up shop in India, the country’s manufacturing capacity pales in comparison to the company’s global requirements.
China, on the other hand, produces the majority of Apple’s products, with China accounting for approximately 95% of the company’s total output. Furthermore, Foxconn and Wistron currently produce for Apple in India, though the volumes are ‘near nil’ in comparison to what they do in China.
While some of the manufacturing in India is exported, other products in the company’s portfolio are not manufactured in India and are instead imported. Currently, only the iPhone is manufactured in India, and the iPhone 13 is not one of them.
“PLI programmes, which encourage corporations to invest in and expand manufacturing in India, are part of the enabling environment. In addition, capital subsidy programmes are being offered, such as one for launching semiconductor production, in which the government has pledged $10 billion in support to companies willing to commit “said the source in addition.
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