November 15, 2024
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Boost for India in value chain! Foxconn lines up $1 billion investment for smartphone display modules – Times of India

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Foxconn’s proposed unit will undoubtedly elevate India’s position in the electronic assembly and manufacturing value chain. (AI image) Foxconn, the Taiwanese contract manufacturer, is considering investing approximately $1 billion in establishing a smartphone display module assembly unit in Tamil Nadu, according to informed sources. This facility will be the first of its kind for Foxconn…

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iPhone 16 series goes on pre-order: How much discount and cashback you will get at Amazon, Flipkart, Apple India, Croma and other stores – Times of India

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Apple’s latest iPhone 16 series is now available for pre-order. iPhone 16 models can be pre-ordered on Apple’s official India store (both online and offline) as well as third-party retailers such as Amazon, Flipkart, Croma, Reliance Digital and more starting today, September 13. Apple iPhone 16 series – comprising iPhone 16, iPhone 16 Plus, iPhone…

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Two reasons Apple iPhone 16 series models may see a ‘price drop’ in India – Times of India

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The Apple iPhone 16 series may experience a price reduction in India, expected to launch in September, potentially leading to lower costs for consumers. Two key factors are expected to contribute to this price decrease: Reduced import duties and expanded local manufacturing. Apple’s move to India for Pro models and reduction in import duties could…

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Fastest manufacturing growth in 50 years? Apple’s India business surpasses Rs 2 lakh crore; tech giant India’s largest global value chain – Times of India

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Apple’s India business grows in leaps! In FY24, Apple‘s India operations witnessed a remarkable surge, reaching a value of over Rs 2 lakh crore ($23.5 billion), a significant increase from Rs 1.15 lakh crore in the previous year. A significant increase in iPhone production, along with strong domestic sales of MacBooks, iMacs, iPads, Watches, and…

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Apple Awas Yojana? Apple ecosystem to now build residential facilities for workers after creating 1.5 lakh direct jobs – Times of India

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Apple Awas Yojana? Apple’s ecosystem, which has already created 150,000 direct jobs in the past two and a half years in India, is now focusing on providing residential facilities for its factory employees. This move aligns with the industrial housing models seen in China and Vietnam.According to government officials speaking to ET, Apple’s contract manufacturers…

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Apple ecosystem becomes biggest blue-collar job creator in India! 1.5 lakh direct jobs created since PLI scheme – Times of India

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Apple ecosystem the biggest blue-collar job creator for India! Since the launch of the Production-Linked Incentive (PLI) scheme for smartphones in August 2021, the Apple ecosystem has emerged as a major job creator in India. Directly employing over 150,000 individuals, it stands as the largest blue-collar employer in the country.Government officials and experts told ET…

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