Apple generated over 1 lakh direct jobs in India in 2 years Modi PLI scheme MoS IT Rajeev Chandrashekhar
Minister of State for Electronics and IT Rajeev Chandrasekhar said on Tuesday that the Apple ecosystem in India has created more than one lakh new direct jobs in manufacturing in the last two years.
Apple on Tuesday launched its first branded retail store in India in Mumbai in the presence of its CEO Tim Cook. The company will also launch its second store in Delhi on Thursday.
“Prime Minister @narendramodi’s visionary PLI scheme powered by the @Apple ecosystem has created over a lakh new direct jobs in manufacturing in the last 24 months,” the minister tweeted.
“About 70 percent of these are women aged 19-24, who are starting their careers, acquiring skills and improving the living conditions for their families,” she added.
Apple has ramped up its India manufacturing and in FY23, iPhone exports from India crossed $5 billion.
With Apple’s support, India’s overall smartphone exports also crossed $10 billion for the first time in the fiscal year.
Apple began manufacturing iPhones in India in 2017, and since then, the company has worked with suppliers to assemble new iPhone models and produced an increasing number of components.
Also Read | Air India announces new pay structure for pilots, cabin crew | Details
Also Read | Samsung cut pay by an average of 4.1 percent, extending the freeze for board members
Latest business news