Apple targeting to raise India production share to 25% - minister

"They are already at about 5-7% of their manufacturing in India. If I am not mistaken, they are targeting to go up to 25% of their manufacturing. They launched the most recent models from India, manufactured in India."


Reuters | New Delhi | Updated: 23-01-2023 12:16 IST | Created: 23-01-2023 12:11 IST
Apple targeting to raise India production share to 25% - minister
Representative image Image Credit: ANI
  • Country:
  • India

Apple Inc wants India to account for up to 25% of its production from about 5%-7% now, the trade minister told a conference on Monday.

"Apple, another success story," Piyush Goyal said. "They are already at about 5-7% of their manufacturing in India. If I am not mistaken, they are targeting to go up to 25% of their manufacturing. They launched the most recent models from India, manufactured in India."

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback