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Ahmedabad

Local News

27 Aug, 2024

Apple's India Push: 6 Lakh Jobs Expected by March

Ahmedabad, GJ

Description

Apple’s operations in India are poised to create a substantial number of jobs, with projections suggesting that the company’s ecosystem will generate up to 600,000 positions by the end of the current fiscal year. This anticipated growth highlights Apple’s strategic push to expand its presence in India and reduce its reliance on production in China.

According to data from Apple and its suppliers shared with the government, the Indian workforce for Apple is expected to include 200,000 direct jobs by March, with an impressive 70% of these roles occupied by women.

The government estimates that the electronics sector creates three indirect jobs for every direct job. Based on this ratio, Apple’s ecosystem could potentially result in between 500,000 and 600,000 total jobs by the end of March.

Government officials reported to ET that Apple’s three contract manufacturers in India—Foxconn, Wistron (now Tata Electronics), and Pegatron—have already created 80,872 direct jobs. Furthermore, Apple’s broader supplier network, which includes companies such as the Tata Group, Salcomp, Motherson, Foxlink in Tamil Nadu, Sunwoda in Uttar Pradesh, ATL in Haryana, and Jabil in Maharashtra, has collectively generated around 84,000 direct jobs.Read More-https://24x7newsroom.com/

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