Apple vendors likely to double employment base in India: Report

As per the sources, Apple CEO Tim Cook has sought government support to widen its components supplier base in India

Apple
Photo: Bloomberg
Press Trust of India New Delhi
1 min read Last Updated : Apr 19 2023 | 10:11 PM IST

iPhone maker Apple is likely to double the employment base at its contract manufacturers in India to around 2 lakh soon, according to government sources.

As per the sources, Apple CEO Tim Cook has sought government support to widen its components supplier base in India.

"Apple has created 1 lakh employment in India. Based on the discussions, we feel that they will double employment base very soon," a government source said.

Cook has long-term policy stability to foster investments in the country, as per the source.

"He has also asked support to skill Indian manpower to suit the company's requirement," one of the sources said.

The government has offered Apple to define skill set, and it will support them in facilitating it.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Apple Employment in India

First Published: Apr 19 2023 | 10:11 PM IST

Next Story