Apple to produce iPad in India, will shift business from China
Apple is currently producing many models of iPhone in India, but now the company is planning to produce iPads in India as well. Apple will participate in the Production Linked Incentive Scheme (PLI) of the Government of India for the production of iPads in India.
Last year, the Government of India started the PLI scheme for the production of smartphones and parts in the country for $665 million, or about Rs 49,210 crore. The objective of this scheme is to increase the sales of any locally made smartphone and increase its exports. This scheme will also provide opportunities for many new jobs.
According to a report, the central government is soon to launch a new PLI scheme in which companies making IT products such as laptops, tablets and servers, etc. will participate. There is a budget of 7,000 crores for the new scheme which will be spent in the next five years. The new IT PLI scheme may be announced by the end of February.
It is being claimed in the report that Apple is the largest investor in this scheme with 20,000 crore investment. It is expected that Apple’s iPad will be manufactured in Wistron in which iPhone is currently being produced.
Made in India iPad dream will come true
Apple currently assembles all of its iPads in China, but after Corona, China’s image is deteriorating across the world. In such a situation, Apple plans to shift the production of its product to countries like India and Vietnam. Foxconn is producing iPad and MacBook laptops in Vietnam. At the same time, BYD in China produces electronic Apple’s iPad and MacBook.
