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The COVID-19 pandemic has changed the world in a completely different way. Although direct influence has largely disappeared today, it has significantly changed our habits. For example, working
The COVID-19 pandemic has changed the world in a completely different way. Although direct influence has largely disappeared today, it has significantly changed our habits. For example, working from home used to be rare but is now very popular. I’m even typing this from my living room. But these changes did not only affect ordinary people.
The pandemic also hit China, the epicenter of the epidemic, causing production problems. Many companies have decided to move some of their production to other countries in order to avoid problems in the future. Apple is one such company and has invested heavily in India. According to the latest news, Apple wants to do even more in India. They plan to increase parts production within the country.
According to the Moneycontrol report, Apple plans to expand its in-house component production in India. The iPhone maker shared the details of its plans at a meeting with the Ministry of Finance management. The official said that Apple is interested in increasing its internal component base and is actively looking for ways to do so.
The meeting focused on better understanding of the supply chain and ways to integrate more of the manufacturing process. The overall growth of the smartphone manufacturing sector in India was also reviewed. The government is not keen on giving Apple any tax incentives, but the company is still interested in investing in India. The official said Apple wants to “localize faster” and “expand its domestic parts manufacturing base in India”.
This move is likely part of Apple’s broader strategy to diversify its supply chains outside of China. Main part of suppliers Apple It’s based in China, and the company has been trying to reduce its reliance on that country in recent years. Apple produces iPhone In India since 2017. The company currently manufactures around 7% of its iPhones in India, and that number is expected to grow in the coming years.
plans Apple Increasing domestic component production in India is a positive development for the country’s electronics industry. The government’s PLI plan has already attracted significant investment from smartphone manufacturers, and this move AppleIt seems that it will lead to the revival of the sector even more. Increased manufacturing activity is expected to create jobs and stimulate the economy. This will also help India become a more self-sufficient country in terms of electronics manufacturing.
Source: Port Altele
As an experienced journalist and author, Mary has been reporting on the latest news and trends for over 5 years. With a passion for uncovering the stories behind the headlines, Mary has earned a reputation as a trusted voice in the world of journalism. Her writing style is insightful, engaging and thought-provoking, as she takes a deep dive into the most pressing issues of our time.
