Apple to increase production share in India



01/23/2023 10:25 AM


Apple intends to boost its production share in India by 25%, according to the chairman of the Indian Ministry of Commerce.



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The country's trade minister Piyush Goyal declared that Apple Inc. intends to manufacture up to 25% of its products in India, up from the existing range of 5–7%.

“Apple is yet another success story, according to Piyush Goyal. They currently manufacture 5 to 7 percent of their products in India.

If I'm not mistaken, they also intend to raise that figure to 25%. They began introducing their newest models from India and had them made there as well.”

source: livemint.com

 


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