Apple vendor looks to shift six production lines from China to India: Report
In yet another blow for China, a contract manufacturer for Apple is eyeing to shift six production lines of iPhones worth $5 billion to India, the Times of India reported.
The establishment of the Indian facility is expected to employ around 55,000 workers over a year, sources told the publication. The operations may expand over the years to include tablets, laptops and computers as well.
This move is an addition to the simmering global trade tensions with China after the communist country tried to suppress the Covid-19 outbreak in Wuhan which has subsequently been labelled as a pandemic. India has been eyeing the opportunity to lap up global giants like Apple and several others who are now contemplating their exit from China and looking to shift base.