In recent years, Apple has been actively growing its footprint in India, and in the years to come, it is expected to triple its investments there. The corporation is trying to move its manufacturing from China to India because of the country’s lower labour costs and abundance of trained labour.
India is also one of the smartphone markets with the greatest growth rates in the world, and Apple views it as a crucial market for future expansion. The corporation has been growing its retail presence in the nation by building up new stores and starting online sales channels in an effort to capitalise on this potential.
Apple wants to expand the amount of goods it exports from India. The corporation has already begun exporting iPhones made in India to other nations, and it is likely to do so more frequently in the years to come. This would be a major boost for India’s manufacturing industry and its initiatives to establish itself as a centre for electronics production.
Apple’s expanded investment in India would, in the end, benefit the nation and the corporation equally. Aside from giving India’s industrial industry a boost and creating jobs for its citizens, it would assist Apple in tapping into a rapidly expanding market and diversifying its supply chain.
