Is the Modi government targetting apple?
The federal government, led by prime minister Narendra Modi, has made a significant demand on apple as it continues to manufacture new models of the iphone 13 Series, the largest manufacturer in India.
The Modi government has decided that the central government should increase the production of electronics in india and increase the volume of exports from india to foreign countries. It has been trying in many ways, including several PLI projects, to achieve this goal.Apple, xiaomi, samsung in india Currently not only apple but also many mobile and electronics companies including xiaomi and samsung are making their product in india, but apple is a little special to the federal government.
Although apple manufactures smartphones, laptops, and electronics in india, a large part of it is sold in the indian market, but the bulk of Apple's products are exported abroad. This will greatly benefit India's export trade.
The federal government has put forward a plan to increase Apple's indian production to $ 50 billion over the next 5-6 years under the Make in india program. The federal government has demanded that apple india start producing not only the apple iphone but also the MacBook, iPad, air Pots, and apple Watch to achieve this goal.
The federal government has put forward a key plan to transform apple, led by Tim Cook, into a production engine that will export products made in india from around the world. The consultation was discussed at a recent meeting with top apple executives, including government officials and key ministers. Federal government plans to create in india the same magic that apple did in China's electronics manufacturing sector
Foxconn, Wistron, and Pegatron are the three main companies in india, so it is not difficult to reach the $ 50 billion target and improve production.