Apple to move half of its supply chain from China to India, employ 5 lakh people in 3 years
8 months, 1 week ago

Apple to move half of its supply chain from China to India, employ 5 lakh people in 3 years

Firstpost  

Apple and its ecosystem has directly created 1,50,000 jobs in India and an additional 3,00,000 jobs when we consider indirect jobs. As Apple plans to move half of its supply chain to India from China, Apple plans to create 5,00,000 direct jobs Apple, who have already created 1,50,00 direct jobs through its ecosystem, plans to employ about 5,00,000 people in the next three years. As per a report by the Economic Times, Apple aims to employ at least 5,00,000 people directly in India’s ecosystem of component makers and suppliers, marking a substantial increase from the current level. Neil Shah, vice president at Counterpoint Research, noted that India’s current local value addition to iPhone manufacturing stands at 14%, compared to 41 per cent in China. Apple’s increased focus on manufacturing in India is evident in its production numbers, with iPhones worth over ₹1 lakh crore produced in India in the previous year, a substantial increase from previous years.

China Jobs Direct Cent Increase Pli India Apple  chain  direct  china  jobs  plans  ecosystem  supply  employ  cent  india  apple  created  increase  lakh  half

History of this topic

Apple India revenue rises 36% to ₹67,122 crore in FY24, driven by iPhone sales
1 month ago

Apple India revenue rises 36% to ₹67,122 crore in FY24, driven by iPhone sales

Live Mint  

Apple India reported a revenue of ₹67,121.6 crore for the financial year ended March 2024, up 36% from a year earlier, driven by higher iPhone sales. For FY25, iPhones are expected to generate nearly $11 billion in sales for Apple India with Mac, iPad, wearables and services likely to bring in another $4-6 billion and setting the company on road …

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue
1 month, 1 week ago

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue

Firstpost  

Apple’s production increase hinges on the policies of US President Donald Trump, who has repeatedly expressed his intent to impose steep tariffs, between 60-100 per cent, on goods imported from China If Apple implements these plans, India’s share of global iPhone production could rise to over 26 per cent, a substantial jump from the current 12-14 per cent. The Economic …

Apple's India Expansion: A Strategic Shift Away from China
1 month, 3 weeks ago

Apple's India Expansion: A Strategic Shift Away from China

Firstpost  

Apple's expansion of its manufacturing base in India has gained significant attention, with the tech giant exporting nearly $6 billion worth of iPhones between April and September 2024. This represents a one-third increase in value compared to the same period last year, setting Apple on track to exceed $10 billion in exports by the end of the fiscal year. The …

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging
Trending News
1 month, 3 weeks ago

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging

Firstpost  

India's mobile manufacturing industry is gaining global attention, thanks to the Make in India initiative. Big companies like Samsung and Apple are setting up large factories in the country, making India the world's second-largest exporter of mobile phones. With Samsung's mega factory in Noida and Apple moving some iPhone production to Tamil Nadu, India is becoming a key player in …

Apple to increase its investment in China, Tim Cook says
2 months ago

Apple to increase its investment in China, Tim Cook says

China Daily  

Apple to increase its investment in China, Tim Cook says By Cheng Yu chinadaily.com.cn Updated: Oct 23, 2024 Consumers select products at an Apple store in Chengdu, Sichuan province, Feb 23, 2024. Tim Cook, CEO of Apple Inc, said the company will continue to increase investment in China and contribute to the industrial and supply chains, as he met with …

Apple fastest growing firm in India over the last 50 years, ​contributes 14 per cent to tech giant’s total production
4 months, 1 week ago

Apple fastest growing firm in India over the last 50 years, ​contributes 14 per cent to tech giant’s total production

Firstpost  

India’s role in Apple’s global production has grown substantially. This growth not only highlights Apple’s expanding influence in India but also marks it as the largest global value chain operating within the country, surpassing other multinational corporations. According to a recent Economic Survey, India now contributes approximately 14 per cent to Apple’s total production, a sharp increase from the 7 …

Economic Survey 2023-24: 14% of global iPhones made in India in FY24, country's electronics export rank up
5 months ago

Economic Survey 2023-24: 14% of global iPhones made in India in FY24, country's electronics export rank up

The Hindu  

US smartphone major Apple assembled 14% of global iPhones in India in FY24 and the country's ranking in global electronics export improved by four positions, Economic Survey 2023-24 said on July 22. "Apple assembled $14 billion worth of iPhones in India during FY'24, constituting 14% of its global iPhone production," the Economic Survey said citing third-party data. The survey recorded …

India's electronics sector loses ₹1.25 lakh crore due to India-China tensions
6 months, 1 week ago

India's electronics sector loses ₹1.25 lakh crore due to India-China tensions

Hindustan Times  

Escalating tensions with China are said to have cost Indian electronics manufacturers $15 billion in production losses as well as 100,000 jobs in the past four years, the Economic Times reported. In submissions to various ministries, the electronics manufacturing industry said India has also lost out on a $10 billion export opportunity besides $2 billion in value addition loss, according …

Apple exports iPhones worth over Rs 16,500 crore in April-May from India
6 months, 1 week ago

Apple exports iPhones worth over Rs 16,500 crore in April-May from India

India TV News  

Apple has reportedly achieved a significant milestone of exporting the ‘made in India’ iPhones which was worth more than Rs 16,500 crore in the first 2 months of the ongoing financial year. FY24 success and record production Apple has concluded FY24 with a substantial iPhone production value of around USD 14 billion in India. Strengthening domestic manufacturing Highlighting India’s growing …

India emerged as the most preferred market for tech giants: Apple CEO Tim Cook
7 months, 2 weeks ago

India emerged as the most preferred market for tech giants: Apple CEO Tim Cook

Deccan Chronicle  

New Delhi: India has become a key market for global tech giants, with a burgeoning developer base attracting significant attention. Tim Cook, CEO of Apple, expressed his contentment with India's growing developer community, underlining Apple's holistic approach covering everything from developer support to market strategies and operational efficiency. MoS Electronics and Technology, Rajeev Chandrasekhar tweeted that the CEO of Apple, …

Here's what Tim Cook said after seeing Apple's growth in March quater in India
7 months, 2 weeks ago

Here's what Tim Cook said after seeing Apple's growth in March quater in India

India TV News  

During an analyst call announcing its fiscal 2024 second quarter results with revenue of $90.8 billion, Apple's CEO, Tim Cook, shared that the company experienced strong double-digit growth in India in the March quarter. Cook said that the company is continuing to expand its channels and also working on the developer ecosystem in India as well. Cook said that the …

Hiring now! Apple may create 500,000 jobs in India
8 months ago

Hiring now! Apple may create 500,000 jobs in India

Hindustan Times  

Apple has been trying to diversify its manufacturing base away from China after facing huge difficulties during the Covid-19 pandemic when the production of iPhone and other gadgets came under intense pressure. It has been reported that Apple, via its vendors, may create over 500,000 jobs in India over the next three years, news agency PTI reported quoting government sources. …

Apple set to scale up production India, employ 5 lakh people in next 3 years
8 months ago

Apple set to scale up production India, employ 5 lakh people in next 3 years

Live Mint  

iPhone maker Apple is set to scale up its production in India through vendors and is expected to employ around 5 lakh employees from the country in the next three years, the sources from the government revealed on Sunday. The fresh plans around hiring will be a significant boost from the current level of 1.5 lakh Apple employees in India, …

Apple CEO says that he wants to increase investments in Vietnam
8 months, 1 week ago

Apple CEO says that he wants to increase investments in Vietnam

Associated Press  

HANOI, Vietnam — Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian manufacturing hub. The company began looking at moving its production to countries like Vietnam, and more recently India, after shutdowns to fight COVID-19 in China repeatedly disrupted …

Apple shows the way for electronics exports
8 months, 1 week ago

Apple shows the way for electronics exports

Hindustan Times  

At $10 billion in FY24, exports of India-assembled iPhones have doubled from the previous fiscal. While the iPhone instance is evidence of policies such as the PLI for smartphones working, India must do more to convince the world that it has the makings of a preferred China+1 destination for electronics exports. At present, the world may seem more inclined towards …

Apple's major milestone: Company now makes 1 in 7 iPhones in India as output hits $14 billion
8 months, 1 week ago

Apple's major milestone: Company now makes 1 in 7 iPhones in India as output hits $14 billion

Hindustan Times  

Apple increased its iPhone production in India as the company assembled $14 billion worth of iPhones in fiscal 2024, Bloomberg reported. Foxconn and Pegatron, two major Taiwanese manufacturers, played a significant role in boosting Apple's production output in India. China is the largest iPhone-making hub in the world but Apple is ramping up iPhone production in India as it strategically …

Apple to make over 78,000 flats for factory workers, mainly women working away from their hometowns
8 months, 1 week ago

Apple to make over 78,000 flats for factory workers, mainly women working away from their hometowns

Firstpost  

Apple is proving to be a major creator of blue-collared jobs in India. Tamil Nadu will get about 58,000 of these houses Apple has announced a rather groundbreaking initiative that will be a major boost for its factory workers, especially women. In a bit to improve the well-being of its factory employees in India Apple will be developing housing units …

Apple Ecosystem Generated More Than 1.5 Lakh Jobs, Under PLI, Since 2021, In India: Report
8 months, 3 weeks ago

Apple Ecosystem Generated More Than 1.5 Lakh Jobs, Under PLI, Since 2021, In India: Report

ABP News  

Since the introduction of the government's production-linked incentive scheme for smartphones in August 2021, the Apple ecosystem has directly provided employment to more than 150,000 individuals, said a new report by The Economic Times on Monday. Moreover, the rapidly expanding Apple supplier ecosystem has led to the creation of over 70,000 new direct jobs. This comes days after Union Minister …

Apple CEO: China's supply chain is most critical to firm
9 months ago

Apple CEO: China's supply chain is most critical to firm

China Daily  

Apple CEO Tim Cook and Wang Chuanfu, CEO of BYD, at Apple's Shanghai office on March 20, 2024. Cooperation: Nation's advantage in manufacturing highlighted There's no supply chain in the world more critical to Apple than that of China, Apple CEO Tim Cook said in an interview with China Daily in Shanghai on Wednesday, as the senior executive highlighted the …

US lawmaker and apple growers celebrate export of apples to India
10 months ago

US lawmaker and apple growers celebrate export of apples to India

Hindustan Times  

This moment was celebrated at a Seattle port on Tuesday. HT Image Apple growers from Washington State have almost a million boxes of apples this year to India, which is 16 times more than last year. She was joined by Prakash Gupta, the Consul General of the newly opened India Consulate in Seattle, along with apple growers from Central Washington …

Apple tops India smartphone revenue in 2023, nears $10 bn mark
10 months, 3 weeks ago

Apple tops India smartphone revenue in 2023, nears $10 bn mark

Live Mint  

Apple is projected to have pipped Samsung for the top spot in terms of revenue with almost one-third of Samsung’s total shipment volume—while Apple is said to have shipped just over 10 million iPhones last year, Samsung shipped over 27.3 million to capture 18% of the market. iPhone-maker Apple marked 2023 as the first year when it topped the smartphone …

All that you need to know about Apple's new 15-storey office in Bengaluru
11 months ago

All that you need to know about Apple's new 15-storey office in Bengaluru

Hindustan Times  

Tech giant Apple has expanded its footprint in India with a new 15-storey office in the heart of Bengaluru that will house up to 1200 employees. Apple's new office in Bengaluru is the latest addition to the company’s corporate office footprint in Bengaluru, Mumbai, Hyderabad, and Gurugram. The new Apple India office is located at Minsk Square in the center …

Apple's 'Made in India' iPhones contribute to Rs 65,000 crore in exports in 2023
11 months, 1 week ago

Apple's 'Made in India' iPhones contribute to Rs 65,000 crore in exports in 2023

India TV News  

Apple has reportedly assembled the new iPhones which are worth more than Rs 1 lakh crore in India in 2023, as India doubles the down on local manufacturing. Riding on the local manufacturing growth, mobile phone exports from the country have surpassed USD 9 billion from April to November in the current fiscal year, as per the India Cellular and …

Apple warns India against EU-like USB-C rules for iPhones, says move will hit local production targets
1 year ago

Apple warns India against EU-like USB-C rules for iPhones, says move will hit local production targets

Firstpost  

The Indian government has been considering making USB-C ports the standard charging port for phones and personal devices, just like the EU. However, Apple is lobbying the government to not implement such a policy, saying that it will interfere with their local production targets Apple has informed the Indian government about potential disruptions to its local production targets if New …

Apple warns India's EU-style charger rules will hit local production target
1 year ago

Apple warns India's EU-style charger rules will hit local production target

Live Mint  

NEW DELHI : Apple has told India that its local production targets will be hit if New Delhi follows the European Union and requires existing iPhones to have universal charging ports, a government document shows as the US tech giant lobbies for an exemption or delay. In a closed-door meeting on November 28 chaired by India's IT ministry, Apple asked …

Smartphone manufacturing: How 'Make in India' is marking a difference
1 year, 1 month ago

Smartphone manufacturing: How 'Make in India' is marking a difference

Firstpost  

The decisions by the likes of Apple, Foxconn and Micron to either expand or establish their India presence could not have come at a better time As India is looking to become the third largest economy in the world in the coming years, cutting-edge technologies across 5G/6G, satellite communication and semiconductors will contribute towards this growth. More than 90 per …

Tata To Make iPhones For Global Markets In India, Acquires Wistron's India Operations
1 year, 1 month ago

Tata To Make iPhones For Global Markets In India, Acquires Wistron's India Operations

News 18  

Tata Group will start making Apple iPhones in India to be exported to global markets across the world within a span of two and a half years. Rajeev Chandrasekhar, India’s Minister of State for Electronics and Information Technology, lauded Prime Minister Narendra Modi’s PLI scheme and said, “within just two and a half years, Tata Companies will now start making …

Apple to scale up production over 5 times in India to USD 40 billion in five years
1 year, 2 months ago

Apple to scale up production over 5 times in India to USD 40 billion in five years

India TV News  

iPhone maker Apple has plans to scale up production in India by over five-fold to around USD 40 billion in the next 4-5 years, according to government sources. "Apple has plans to increase production in India to over USD 40 billion in the next 4-5 years. The company globally sold iPhones worth USD 191 billion and products worth USD 38.36 …

Make in India: Dell, HP, Foxconn, and others in line for state aid in production
1 year, 3 months ago

Make in India: Dell, HP, Foxconn, and others in line for state aid in production

Live Mint  

Amid central government's push to make a manufacturing hub for the world, its financial incentive plan to boost local production is receiving good response. Indian Premier Narendra Modi’s $2.1 billion financial incentive plan — a bid to boost local production of technology hardware such as laptops, personal computers, tablets and servers — has received an overwhelming industry response, Tech Minister …

Apple marks 30 years of innovation in China
1 year, 4 months ago

Apple marks 30 years of innovation in China

China Daily  

Consumers select products at an Apple store on Nanjing Road Walkway in Shanghai in December. WANG GANG/FOR CHINA DAILY Apple Inc will beef up cooperation with Chinese suppliers to help promote the intelligent transformation of manufacturing, as the US tech company celebrates its 30 years of community, education, and innovation in China. Isabel Ge Mahe, vice-president and managing director of …

Apple Supplier Foxconn Begins iPhone 15 Production in India
1 year, 4 months ago

Apple Supplier Foxconn Begins iPhone 15 Production in India

Deccan Chronicle  

Apple Inc.’s next-generation iPhone 15 is beginning production in Tamil Nadu, in an effort to further narrow the gap between its India operations and main manufacturing base in China. “Apple’s increased production in India will lead to more of its supply chain moving to the country,” said Shilpi Jain, a senior analyst at Counterpoint Research. Other Apple suppliers in India …

Apple achieves June quarter record in India with strong iPhone sales, says Tim Cook iPhone
1 year, 4 months ago

Apple achieves June quarter record in India with strong iPhone sales, says Tim Cook iPhone

India TV News  

Apple's CEO Tim Cook announced that the company achieved record-breaking June quarter results in India, driven by strong iPhone sales. Apple's local manufacturing also achieved record-breaking success, with iPhone exports reaching Rs 10,000 crore in May, contributing to total mobile shipments of Rs 12,000 crore that month. Luca Maestri, Apple's CFO, highlighted an all-time revenue record for iPhone in India …

Tesla asked to copy Apple's strategy to make in India: Report
1 year, 4 months ago

Tesla asked to copy Apple's strategy to make in India: Report

India Today  

As Tesla explores the possibility of establishing a manufacturing plant in India for cheaper electric vehicles, officials have raised concerns about the company's reliance on Chinese suppliers. Tesla's reliance on Chinese suppliers To keep costs low for manufacturing a cost-effective EV in India, Chinese suppliers could play a crucial role. Three government sources with direct knowledge of the matter told …

Apple’s ‘Dil Maange More’: Wants to increase global iPhone production in India to 18% by 2025
1 year, 6 months ago

Apple’s ‘Dil Maange More’: Wants to increase global iPhone production in India to 18% by 2025

Firstpost  

It seems that Apple wants to place some big bets on its Indian factories, and the local, Indian companies that it has partnered up with. The tech giant wants to increase India’s share in the global production of iPhones from 7% to 18% by 2025 Apple is really pushing to increase its organic presence in India. Apple recognises India’s emerging …

Apple Likely To Shift 18 Per Cent Of iPhone Production In India By FY25: Bank Of America
1 year, 6 months ago

Apple Likely To Shift 18 Per Cent Of iPhone Production In India By FY25: Bank Of America

ABP News  

US tech giant Apple may shift over 18 per cent of its global production of iPhones to India by 2024-25 on the back of the government’s production-linked incentive scheme for mobile phones, Bank of America said in a report. India's share in global iPhone production in FY23 stood at 7 per cent. According to the BoFA report the Rs 38,000-crore …

Apple likely to open 3 more exclusive stores in India: Check out locations, launch timeline, and other details
1 year, 6 months ago

Apple likely to open 3 more exclusive stores in India: Check out locations, launch timeline, and other details

India Today  

Apple is said to open 3 more exclusive offline stores in India. Apple said to open 3 more exclusive stores in India: List of locations, launch timeline The cited source claims that Apple will launch 3 more exclusive stores at different locations in India. The fourth Apple store in India is being proposed to open in 2026 and this one …

Apple India Records Rs 50 Crore In Sales Thanks To New Store Launches In Mumbai And Delhi
1 year, 6 months ago

Apple India Records Rs 50 Crore In Sales Thanks To New Store Launches In Mumbai And Delhi

News 18  

Apple India has reportedly made around Rs 50 crore in sales thanks to the new store launches in Mumbai and Delhi. The report from ET quoting sources say that both the Mumbai and Delhi Apple stores have garnered big sale openings in just a few weeks since they were opened to customers in the country. The report says that both …

Apple stores in Mumbai and Delhi earn 50 crore a month via sales, higher than other electronics stores
1 year, 6 months ago

Apple stores in Mumbai and Delhi earn 50 crore a month via sales, higher than other electronics stores

India Today  

It seems that Apple launching its two exclusive stores in Mumbai and Delhi worked greatly in its favour. The stores in Mumbai and Delhi are each earning 22-25 crore a month via the sales, two industry executives who are aware of the details told Economic Times. "The two company-owned Apple Stores in India are setting new benchmarks in terms of …

Apple Supplier Wistron Stops Making iPhones In India: Here's Why
1 year, 7 months ago

Apple Supplier Wistron Stops Making iPhones In India: Here's Why

News 18  

Apple is making a broad set of changes to its global production lines outside of China with India as one of its main focus markets. Recently it was confirmed that Tata Group is ready to enter the make in India iPhone arena by acquiring the plant from another iPhone vendor Wistron in India. The report also says Wistron has been …

Apple To Manufacture Only AirPods In India: Report
1 year, 7 months ago

Apple To Manufacture Only AirPods In India: Report

ABP News  

With Apple's biggest supplier and contract manufacturer Foxconn investing $500 million in a manufacturing facility in the Indian state of Telangana, the tech giant is likely to start making only AirPods here and may not manufacture iPads and Mac personal computers in the country, says a report by The Economic Times. Apple partner Foxconn's investment in Telangana is likely to …

India sees Apple almost tripling investment, exports in coming years
1 year, 8 months ago

India sees Apple almost tripling investment, exports in coming years

The Hindu  

U.S. tech giant Apple could double or triple investments in India, along with exports, over the next few years, a minister said, as the company opened a second store in the world's biggest smartphone market after China. Mr. Cook, who also met Prime Minister Narendra Modi, said Apple was "committed to growing and investing across the country". "We've come here …

Apple launches India's second store in Delhi; Why is it a big deal?
1 year, 8 months ago

Apple launches India's second store in Delhi; Why is it a big deal?

Hindustan Times  

Apple CEO Tim Cook launched India's second Apple store today in Delhi, couple of days after it inaugurated the first store in Mumbai. Apple Logo is pictured prior to the inauguration of India’s second Apple retail store named 'Apple Saket', at Select Citywalk Mall. The advent of Apple stores in India is seen as a significant development and believed to …

Apple Inc bets big on India as it opens first flagship store
1 year, 8 months ago

Apple Inc bets big on India as it opens first flagship store

Associated Press  

NEW DELHI — Apple Inc. opened its first flagship store in India in a much-anticipated launch Tuesday that highlights the company’s growing aspirations to expand in the country it also hopes to turn into a potential manufacturing hub. The company’s CEO Tim Cook posed for photos with a few of the 100 or so Apple fans who had lined up …

From 2008 to 2023: Apple's long road to first retail store in India
1 year, 8 months ago

From 2008 to 2023: Apple's long road to first retail store in India

Firstpost  

It took Apple Inc 15 years from when it first started selling its iPhone in India to having a company-run retail store in the world’s second biggest smartphone market New Delhi: It took Apple Inc 15 years from when it first started selling its iPhone in India to having a company-run retail store in now the world’s second biggest smartphone …

Apple makes strategic move in India, here are some challenges it faces
1 year, 8 months ago

Apple makes strategic move in India, here are some challenges it faces

Live Mint  

Apple Inc. opened its first flagship store in India in a much-anticipated launch Tuesday that highlights the company's growing aspirations to expand in the country it also hopes to turn into a potential manufacturing hub. About 600 million of India's 1.4 billion people have smartphones, “which means the market is still under-penetrated and the growth prospect is huge,” said Neil …

Apple Inc bets big on India as it opens first flagship store
1 year, 8 months ago

Apple Inc bets big on India as it opens first flagship store

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Apple Inc. is set to …

Tim Cook plans to double down on India as Apple’s next big market
1 year, 8 months ago

Tim Cook plans to double down on India as Apple’s next big market

Live Mint  

Apple is set to make a direct retail entry into the Indian market by opening its first store in Mumbai on April 18, followed by another store in New Delhi two days later. Previously, the Indian market was primarily catered to through resellers, but Apple's move to establish a direct retail presence highlights the importance of India in its China-plus …

Apple’s chief rival has a cautionary tale for India
1 year, 8 months ago

Apple’s chief rival has a cautionary tale for India

Live Mint  

In July 2008, Apple Inc. opened its first retail store in China, marking the start of a meteoric rise in the country. Over the past year through March 31, Apple’s sales in the country climbed around 50% to almost $6 billion, Bloomberg News reported Monday, citing a person familiar with the matter. While local manufacturing avoids import taxes imposed by …

Apple generated over 1 lakh direct jobs in India in 2 years: MoS
1 year, 8 months ago

Apple generated over 1 lakh direct jobs in India in 2 years: MoS

India TV News  

The Apple ecosystem in India has generated over one lakh new direct jobs in manufacturing in the last two years, Minister of State, Electronics and IT, Rajeev Chandrashekhar, said on Tuesday. "Propelled by Prime Minister @narendramodi's visionary PLI scheme @Apple ecosystem has generated over one lakh new direct jobs in manufacturing over the last 24 months," the minister tweeted. Backed …

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