Apple plans to increase domestic component manufacturing in India: Report

Apple plans on scaling up its domestic component manufacturing in India. They shared details of the same during a meet with top finance ministry officials, Moneycontrol reported citing a senior government official in the know.

“There was a meeting in July in which Apple made a presentation. They wanted the government to know of its plans. Apple is interested in increasing its domestic component base, and is actively looking at it. The meeting focused on better understanding of supply chain and greater indigenisation. The overall growth of the smartphone manufacturing industry was also reviewed,” the officer told the publication.