According to the Economic Times, Apple surpassed Samsung and became the first company to cross the milestone of $1billion in total exports of smartphones. Apple’s rising export valuation in India is in line with India’s manufacturing facilities that have facilitated growing electronics exports that grew by over 51 percent year-on-year...
Apple to Shift Production of More Products to India
Apple plans to shift more iPhone production away from China to India. The company is now reportedly looking to also move the production of some iPads to India to keep its supply chain healthy amid Covid-related disruptions. Citing sources, CNBC reported that Apple has "talked to Indian officials about locating...
Apple Makes iPhone 14 in India
As geopolitical tensions between China and the U.S. increase, Apple has started manufacturing the iPhone 14 in India about two months after its release in China. The move will help reduce the gap between the release date and its availability in India. Typically, Apple devices are launched in India six...
Can India Become an Alternate Supply Chain for Electronics Manufacture?
Global companies are increasingly becoming aware of the importance of minimizing risk, and are seeking ways to make their supply chains resilient and diversified. In this scenario, there is a new emerging market vying to meet American consumer demand: India. American importers have been cautious about forming long-term deals with...
U.S. Commerce Launches IPEF Upskilling Initiative to Train 7 million women
The U.S. Department of Commerce and the Office of the U.S. Trade Representative (USTR) launched the IPEF Upskilling Initiative, in support of the objectives of the Indo-Pacific Economic Framework (IPEF). The Initiative will be a public-private endeavor to support sustainable and inclusive economic growth by providing primarily women and girls in...
Dell, Flex and 17 Other Companies Intend to Expand India Manufacturing
India expects to create 37,500 direct jobs and another 112,000 indirect hires via applications already received under its Production Linked Incentive (PLI) Scheme to encourage manufacturing in India. Dell, based in Texas, and Flex, a Singapore Original Design Manufacturing (ODM) company with the bulk of its executive staff based in...