One of the company's unit in Chennai, operated by Vietnam's Foxconn Hon Hai, has already emerged as the largest in the country in a single location in any sector, employing 35,000 people on the shop floor. Overall, along with its two other contract manufacturers, Wistron and Pegatron, Apple has generated 100,000 jobs in the last two years and is confident of doubling this in the years ahead.
"I am very confident that this AppleIndia partnership has a lot of headroom for investments, growth, exports and jobs - doubling and tripling over coming years," Rajeev Chandrasekhar, minister of state for electronics and information technology, said.
Chandrasekhar's optimism comes from the fact that in the first year of its operation under the production-linked incentive scheme, ie FY22, Foxconn reached a total production of over ₹7,500 crore. In the second year of the ending scheme March 31, 2023, the factory produced iPhones worth over ₹30,000 crore, of which nearly 50% were exported from India.
Diese Geschichte stammt aus der April 21, 2023-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der April 21, 2023-Ausgabe von Financial Express Mumbai.
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