Apple planning to shift a fifth of its manufacturing from China to India
Shortpedia
Content Team
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Apple is examining a proposal to shift nearly one-fifth of its production capacity from China to India and ramp up it’s local manufacturing capabilities through its contract manufacturers. The tech-giant is eyeing $40 billion worth of production over the next five years. In March this year, the Union Cabinet had taken major decisions to enhance manufacturing in the electronic components, semiconductors and mobile segments.
