Apple Inc is ramping up efforts to increase the Indian value addition in its products, including the iPhone and soon-to-be-assembled AirPods, as part of a broader strategy to diversify its supply chain away from China.
The American tech giant, according to people in the know, is actively seeking deeper partnerships with non-Chinese global and Indian vendors, while also scouting for new partners.
As part of this push, the Cupertino headquartered company is in talks with key players. US-based Flextronics is being considered for the production of power equipment in India, while Jabil - American manufacturing solutions provider may take on the manufacturing of plastic enclosures for AirPods, the sources said.
Additionally, Karnataka-based Aequs, an electronics manufacturing services (EMS) provider, is in discussions with Apple about supplying noniPhone enclosures. The company is also exploring partnerships with firms in Haryana, Uttar Pradesh, and Karnataka to manufacture various components - an effort to localise production and boost value addition within India.
This story is from the September 09, 2024 edition of Business Standard.
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This story is from the September 09, 2024 edition of Business Standard.
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