Apple may double or triple investments in India, together with exports, over the following few years, a minister stated, as the corporate opened a second retail retailer within the nation.
Apple primarily assembles iPhones in India via Taiwan contract producers however plans to increase into iPads and AirPods, because it seems to chop reliance on China.
Its iPhones made up greater than half of whole smartphones price about $9 billion exported from India between April 2022 and February, knowledge from the India Mobile and Electronics Affiliation reveals.
“I’m very assured that this Apple-India partnership has a whole lot of headroom for investments, progress, exports and jobs – doubling and tripling over coming years,” Rajeev Chandrasekhar, the deputy minister for info know-how, instructed Reuters.
His feedback got here after a gathering on Wednesday with Apple Chief Government Tim Prepare dinner within the capital, New Delhi.
Prepare dinner, who additionally met Prime Minister Narendra Modi, stated Apple was “dedicated to rising and investing throughout the nation.”
MacDailyNews Take: Hopefully, much more than that.
The CCP’s lunacy is India’s achieve. – MacDailyNews, March 3, 2023
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