Apple iPhone: Manufacturing of Apple iPhone will be faster in India, Chinese companies are looking for the support of Indians
Apple iPhone Manufacturing of Apple's iPhone in India is going to speed up soon. The Chinese suppliers will soon seek approval from the government to set up the plant. Currently, this phone is sold by Foxconn Wistron and Pegatron.
iPhone maker Apple is trying to speed up the manufacturing of its products in India. It is reported that Chinese suppliers will soon seek government approval to form joint ventures with domestic companies to set up plants in India. The reason behind this is the company's strategy to increase local capacity.
Preliminary approval has been received
According to information, the government has given some preliminary approval to several Chinese suppliers. At the same time, due to the venture in India, Apple had some concerns about China-based suppliers. Because of this, he also had an informal discussion with the government on this issue.
Make in India will get a boost
After Apple informally shared the list of suppliers, it is likely that they will get approval from the government. The government is keen to develop local capabilities under the Make in India initiative to boost manufacturing. Because of this, the government has no problem with the arrival of Apple.
Piyush Goyal gave hints
Commerce and Industry Minister Piyush Goyal had said on Monday that the iPhone maker is looking to increase its manufacturing in India. This will create a business environment in the country and help global firms to make the country their base.
He further said that around 5 to 7 percent of Apple's manufacturing is already in India and the company is aiming to go up to 25 percent of its manufacturing. They launched their most recent models in India which are made in India.
This is how iPhones are made in the present time
The company currently sells iPhones manufactured by electronics giants Foxconn, Wistron and Pegatron in India. At the same time, most of the supplies are still from China.