Apple, To Increase Domestic Production In India
Phones

Apple, To Increase Domestic Production In India

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While Apple’s products mostly come from contract manufacturers out of China, there are a few products the Giant is making in India. We’re talking about older models, fit for the Indian public, which is why Apple only produces older models in India. 

As a second-largest smartphone market in the world, India’s consumers are still limited financially, which is the reason why Xiaomi smartphones are very popular there, offering great value for a low budget.

Only recently India has come up with a rule change that could increaser production of more handsets including newer models. According to The Economic Times report, the government in India has made some adjustments to its production-linked incentive (PLI) scheme, which now enables manufacturers to shift to India in a big way.

“The empowered committee of secretaries met on Friday and decided to remove the clause, which evaluated plant and machinery brought into India at 40% of its value, and has agreed to a few other changes so that manufacturing could shift to India in a big way,” an official told ET.

The removal of the clauses including the evaluation of plant and machinery to be brought from China and South Korea will pave the way for the iPhone maker and others like Samsung, Foxconn, Oppo, and Vivo, to play a larger role in the in local production.

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