Apple aims to double the number of jobs it has created in India over the past two years through manufacturing and other operations, building on the 100,000 already generated, per a recent media report.
What Happened? In a meeting with senior government officials on Wednesday, Apple CEO Tim Cook discussed the company’s business plans in India and sought policy predictability, assistance in developing supplier and component ecosystems, and manpower training.
A source speaking to Mint mentions that Apple is pleased with the support provided by the Indian government and is exploring options to expand its manufacturing base in the country. The company also plans to bring other product lines under the Make in India initiative.
During the meeting, the Indian government offered to support Apple’s manpower training needs by using its Gati Shakti University model to impart skills through Apple’s own courses and training programmes.
Apple’s efforts to diversify its supply chain and reduce its reliance on China have increased the production of iPhones and other products in other countries such as India and Vietnam. This move comes as geopolitical tensions and rising labour costs in China. By diversifying, Apple aims to ensure a stable supply of its products to world markets.
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Cook met with Prime Minister Narendra Modi, telecom and information technology minister Ashwini Vaishnaw, and Minister of State for Electronics and Information Technology Rajeev Chandrasekhar to discuss Apple’s business plans in India.
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