Ravi Shankar Prasad, India's IT minister, said today that Apple would further expand its business in the Indian market, according to one of his tweets that were sent out this morning.
According to Prasad, Apple's component supplier Salcomp will manufacture iPhone components at its Chennai plant in southern India. To this aim, Salcomp will invest Rs 20 crore (about $278.67 million) over the next five years to produce smartphone chargers and other accessories. The leap will create around 10,000 jobs in India.
Prasad also said that iPhones made by Apple in India would also be exported to the international market. Prasad expects that India's exports of smartphones and parts will surpass $1.6 billion this year.
It was reported last month that Apple supplier Foxconn has started making the iPhone XR in India and will also be producing an iPhone 11 later. Prior to Foxconn, Wistron had assembled iPhone 6s, iPhone SE and iPhone 7 older models for Apple at its Bangalore facility.
Previous reports also indicated that iPhones manufactured in India are not entirely targeted at the Indian market, and Apple is also making preparations to export some of the iPhones produced in India to other markets, such as Europe.
Salcomp, headquartered in Finland, is the world-leading charger manufacturer and has provided close to 4 billion units of mobile phone chargers, with production plants in Shenzhen, China, Chennai, India, and Manaus, Brazil.
Image Via Pixabay
According to Prasad, Apple's component supplier Salcomp will manufacture iPhone components at its Chennai plant in southern India. To this aim, Salcomp will invest Rs 20 crore (about $278.67 million) over the next five years to produce smartphone chargers and other accessories. The leap will create around 10,000 jobs in India.
Prasad also said that iPhones made by Apple in India would also be exported to the international market. Prasad expects that India's exports of smartphones and parts will surpass $1.6 billion this year.
It was reported last month that Apple supplier Foxconn has started making the iPhone XR in India and will also be producing an iPhone 11 later. Prior to Foxconn, Wistron had assembled iPhone 6s, iPhone SE and iPhone 7 older models for Apple at its Bangalore facility.
Previous reports also indicated that iPhones manufactured in India are not entirely targeted at the Indian market, and Apple is also making preparations to export some of the iPhones produced in India to other markets, such as Europe.
Salcomp, headquartered in Finland, is the world-leading charger manufacturer and has provided close to 4 billion units of mobile phone chargers, with production plants in Shenzhen, China, Chennai, India, and Manaus, Brazil.
Image Via Pixabay
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