Most Viewed Content:

Samsung and SK Hynix plan to diversify ammonia supply

Samsung has recently started sourcing ammonium hydroxide, often referred...

Hours before announcing 10,000 job cuts, Microsoft spends big on a 50-person, high-profile concert

According to the Wall Street Journal, Microsoft held a...

Tesla’s first CCS-compatible Magic Docks exposed

Tesla's first Combined Charging System (CCS)-compatible charging pads are...

Apple wants to increase its share of ‘Made in India’ products to 25%, compared to 5-7% at present

Apple wants India to account for 25 percent of its production, up from the current 5-7 percent,” said Piyush Goyal, India’s trade minister, at a meeting on Monday.

“Apple, another success story,” Piyush Goyal said, “they already make about 5-7% of their products in India. If I remember correctly, they are aiming to increase that to 25 per cent. Most of their new launches are from India and are made in India.”

In fact, Apple has been betting heavily on India since it started assembling iPhones in the country through Wistron in 2017, and has since partnered further with Foxconn in line with the Indian government’s policy of promoting local manufacturing.

Image source Pexels

India’s electronics and information technology minister Ashwini Vaishnaw tweeted on Monday that Apple’s exports in India reached $1 billion last December.

J.P. Morgan analysts predicted last year that a quarter of Apple’s products would be made outside of China by 2025, compared to the current 5 percent.

Latest

After the US and Europe, Amazon starts offering air freight services in India

Amazon.com Inc on Monday inaugurated its own air cargo...

NTFS is getting old, Microsoft has quietly enabled ReFS support for Windows 11

Back in 2011-2012, when Microsoft first launched Windows 8,...

Attackers Use Microsoft OneNote Notes to Spread Malware That Can Steal Sensitive Information

According to foreign tech media outlet BleepingComputer, a malicious...

Samsung Galaxy S23 Ultra Cotton Edition unboxing video leaked, launch on February 2

As the release of the Galaxy S23 series is...
spot_img

Newsletter

Don't miss

After the US and Europe, Amazon starts offering air freight services in India

Amazon.com Inc on Monday inaugurated its own air cargo...

NTFS is getting old, Microsoft has quietly enabled ReFS support for Windows 11

Back in 2011-2012, when Microsoft first launched Windows 8,...

Attackers Use Microsoft OneNote Notes to Spread Malware That Can Steal Sensitive Information

According to foreign tech media outlet BleepingComputer, a malicious...

Samsung Galaxy S23 Ultra Cotton Edition unboxing video leaked, launch on February 2

As the release of the Galaxy S23 series is...
spot_imgspot_img

Gurman: Apple is not working on a new HomePod Mini

Bloomberg reporter Mark Gurman says Apple is not working on a new HomePod mini. In the latest "Power On" newsletter, Gurman said he doesn't think...

Asus new Zenbook Pro 14 laptop: equipped with Intel Core i9-13900H processor

Asus in this year's CES release of the new generation of Zenbook Pro14 notebook, a 14-inch body equipped with i9 + RTX 4070 ultra-high...

Microsoft announces 10,000 job cuts as layoffs

According to Reuters, local time on Wednesday, Microsoft said that by the end of the third quarter of the fiscal year 2023 will lay...