Apple started manufacturing iPhones in India in 2017
The Apple ecosystem in India has generated over one lakh new direct jobs in manufacturing within the final two years, in keeping with Chandrashekhar.
Apple CEO Tim Cook on Wednesday met Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, and mentioned the way to additional enhance native manufacturing and iPhone exports.
Apple logged a file over $5 billion in iPhone exports from India in FY23.
“It was a delight to fulfill @tim_cook CEO, @Apple and his crew to have interaction on Apple’s strategic and long-term partnership with and in India’s digital journey,” the minister said in a tweet.
“We discussed deepening and broadening manufacturing, exports, skilling of youth, expanding app an innovation economy and job creation,” Chandrasekhar added.
Mobile telephone exports rose from Rs 45,000 crore in FY22 to Rs 90,000 crore in FY23, surpassing the earlier estimate of Rs 75,000 crore.
The excellent efficiency of the performance-linked incentive (PLI) scheme for cell phones serves as an inspiration for different digital segments to emulate this success in rising manufacturing and exports.
The Apple ecosystem in India has generated over one lakh new direct jobs in manufacturing within the final two years, in keeping with Chandrashekhar.
“About 70 per cent of those are 19-24 12 months outdated ladies, who’re beginning their careers, buying expertise and bettering the benefit of dwelling for his or her households,” he added.
Apple began manufacturing iPhones in India in 2017, and since then, the company has worked with suppliers to assemble new iPhone models and produce a growing number of components.
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