The Apple ecosystem has created more than 1 lakh new direct jobs in manufacturing over the last 24 months in India, Electronics, IT and IT Minister Rajeev Chandrasekhar said on Tuesday.
“PM @narendramodi ji’s policies driving India as trusted partner in Global Electronics. From 0 exports in 2014 to 1 Lac cr mobile exports in 2023/24; from importing 90% of mobiles consumed to becoming an exporter, #NewIndia has transformed🙏🏻,” tweeted Chandrasekhar.
MoS Electronics and IT added that 70 percent of these people are 19-24-year-old women who are starting their careers, acquiring skills and improving the ease of living for their families.
Chandrashekhar’s announcement coincides with the opening of Apple’s first flagship store in Mumbai’s bustling Bandra Kurla Complex, from which the store takes its name, Apple BKC.
Apple is also said to be continuously working to expand its operations in the country and the central government along with MeITY is in regular touch with the tech giant to support its business, Union Minister for Commerce and Industry, Textiles and Consumer Affairs Piyush Goyal had said. said last week.
Meanwhile, India’s iPhone exports jumped nearly four-fold to cross $5 billion or more than Rs 40,000 crore in FY 2023, on the back of increased local production of Apple iPhone models.
Experts suggest that the Apple iPhone became the first brand to cross the $5 billion export mark from India, underscoring the speed at which the Cupertino, California-based tech giant is ramping up its production in the country. Apple also locally assembles the iPhone 14 and iPhone 14 Plus in India.
Apple and local production in India
Apple has ramped up production of iPhones in India, especially after its largest contract manufacturer and partner Foxconn saw unrest in China at its Zhengzhou factory. Foxconn in China witnessed major supply chain disruptions late last year due to the country’s zero-Covid policy.