After witnessing the successful production of several iPhone models in the country, India will start local production of iPads and MacBooks. The Indian government is ready to sweeten the deal to start producing iPads and MacBooks and expand the production-linked PLI scheme, says a report in The Times of India.
A top IT ministry source said the government wants Apple’s manufacturing ecosystem to grow exponentially in the country.TOI report added.
“We feel that the previous scheme was inadequate to meet the obstacles that would arise if companies manufactured in India. will certainly encourage companies to invest and produce in India.”
Apple is already working to ramp up production of iPhone models in the country.The Cupertino-based tech giant is witnessing Covid-related supply chain problems in China.Yamuna Expressway Industrial Development meanwhile The Authority (YEIDA) recently said that some of Apple’s suppliers have applied for land to the authority, offering an investment of Rs 280 crore and creating thousands of jobs.
Apple’s supplier has proposed to set up a unit on about 23 acres of land with a well-known camera parts maker, with a proposed investment of Rs 280 billion, the report claims. iPhone is currently in India where he has three assembly partners of his: Foxconn, Wistron and Pegatron, all of whom are participating in his PLI scheme and are expected to increase production in the coming years. increase.
It should be noted that Apple launched the iPhone 14 model in September and began assembling the new iPhone 14 in China 10 days after the global launch of the iPhone 14 series. An attempt to do it.
Meanwhile, Indian exports of Apple Inc’s iPhone exceeded $1 billion within five months from April. iPhone exports from India, mainly to Europe and the Middle East, are expected to reach $2.5 billion in the 12 months to March 2023 at current rates, according to a Bloomberg report citing experts.
India’s iPhone production is only a fraction, but experts believe it will give momentum to Prime Minister Narendra Modi’s plans to replace China as the world’s factory.