Apple Plans to Generate 500,000 Jobs in India Within the Next 3 Years
Apple’s Major Investment in India: Plans to Create 500,000 Jobs and Expand Production Introduction Apple Inc. is setting the stage for a major expansion in India, with plans to create over 500,000 jobs in the next three years. This ambitious move is part of the company's broader strategy to significantly increase its production capacity in the country. According to sources familiar with the development, Apple aims to expand its production to $40 billion (approximately Rs 3.32 lakh crore) within the next four to five years. This development marks a substantial commitment to India’s workforce and economy. Current Employment Landscape Currently, Apple’s vendors and suppliers employ around 150,000 individuals in India. Tata Electronics, operating two plants for Apple, is the largest employer among them. The acceleration in hiring reflects Apple’s robust growth strategy and its confidence in the Indian market's potential. Government Insights A senior government official highlighted ...