Apple, the renowned iPhone manufacturing giant, is set to embark on a mission to generate approximately 500,000 job opportunities in India.
As disclosed by a government official to PTI, these positions will be dispersed nationwide over the next three years, facilitated by vendors and component suppliers.
Steering Away from Pandemic Pressures
In the wake of the Covid-19 pandemic, Apple encountered significant production challenges, prompting a strategic shift towards establishing manufacturing bases beyond China.
With India emerging as a favorable destination, Apple aims to fortify its foothold in the country, mitigating reliance on its traditional production centers.
Tata Electronics Leading the Way
Foremost among the employment hubs is Tata Electronics, poised to play a pivotal role in Apple’s ambitious endeavor.
With operations spanning across two plants, Tata Electronics is poised to become a cornerstone in Apple’s expansive recruitment drive.
Currently, Apple’s affiliates in India employ a workforce of 150,000 individuals.
India: Apple’s Priority Destination
India occupies a central position in Apple’s global expansion strategy, marked by a concerted effort towards recruitment and infrastructural development.
Apple’s unwavering focus on India is underscored by its housing initiatives for employees and a relentless pursuit of maximum hiring.
Milestones in Apple’s Indian Journey
Despite Samsung maintaining its lead in volume sales,
Apple achieved a significant milestone in 2023 by securing the highest revenue in India for the first time.
Furthermore, Apple’s foray into Indian manufacturing is evident in the exponential growth of iPhone exports,
which soared from $627 crore to $1210 crore in the fiscal year 2023-24, as reported by The Trade Vision.