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Indian government confirms Apple's expansion of operations in the country

The links between Apple and the India They got even closer this year, with the Cupertino giant investing $ 1 billion in manufacturing in the country and organizing to open its first store there. Apparently, the relationship has been so certain that the company already intends to expand its operations in the Indian territory, as reported by Reuters.

According to the report, the Minister of the Union of Law and Justice, Communications, Electronics and Information Technology, Ravi Shankar Prasad, said today that Apple expand its operations in the country, including the manufacture of even more iPhone components, which were not specified.

The Indian minister also confirmed that top-of-the-line iPhones made in the country will also be exported and that this could generate $ 1.6 billion to India annually.

As promised, I am pleased to receive an iPhone XR, with the inscription Designed by Apple in California and made in India. I expect further expansion of production in India by #Apple.

Currently, a portion of Ma products ?Made in India? are manufactured by Salcomp; With the expansion, the supplier $ 278 million over the next five years, starting with the acquisition and reopening of a former Nokia factory in the country, which will be back in operation in March 2020.

With this expansion, Apple is ensuring that India becomes an even more complete manufacturing hub to, if necessary, sell (much) of its production from China there.

via AppleInsider


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