Apple’s vendors and suppliers currently employ 150,000 people in India.
press trust of india New Delhi
iPhone maker Apple is expected to hire more than 500,000 people in India over the next three years through its vendors, according to government officials.
Apple’s vendors and suppliers currently employ 150,000 people in India. Tata Electronics, which operates two Apple factories, is the largest job creator.
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“Apple is accelerating its hiring in India. Conservatively, it plans to hire 500,000 people over the next three years through its vendors and component suppliers,” a senior government official told PTI.
When contacted, Apple declined to comment on this prediction.
Apple plans to expand its production in India more than fivefold to about $40 billion (approximately $3.32 billion) over the next four to five years.
According to market research firm Counterpoint Research, Apple will lead the Indian market for the first time in 2023 with the highest revenue, while Samsung will lead the way in terms of unit sales.
The company said in a recent report that Apple shipped more than 10 million devices, taking the top spot in sales for a calendar year for the first time.
According to trade information platform Trade Vision, Apple’s iPhone exports from India will surge from $6.27 billion in 2022-23 to $12.1 billion in 2023-24, a significant increase of almost 100%. It became.
