Wednesday, August 12, 2020

Apple Contract Manufacturers To Shift Some Production From China To India, Create 55,000 Jobs

From IndiaTimes:
Boycott China: Apple Mac, iPads To Be Made In India, Create 55,000 Local Jobs
Ever since COVID-19 -- the disease that originated in a small market in Wuhan, China -- wreaked havoc on the world, global players in tech have become more cautious about doing business in China.

Many countries already started asking for their facilities to be shifted back to their nation, whereas other manufacturers looked at markets like Thailand and Vietnam and India to manufacture and export goods. 
We’ve been already hearing about how Apple is ramping up its production in India and has now started making iPhone 11, alongside iPhone XR. And it looks like Apple’s contract manufacturers are getting more serious about shifting their facilities from China to India.

According to a recent report by TOI, a major contract manufacturer for Apple is shifting six production lines from China to India with a target to export around $5 billion worth of iPhones in India, while simultaneously catering to the Indian market....