Tech giant Apple is expected to significantly expand its workforce in the Indian market, potentially creating around 600,000 jobs by the end of the fiscal year, the Economic Times reported, citing insider information.
According to the publication, this strategic initiative appears to be aimed at reducing Apple's dependence on China for its manufacturing processes. By the end of March next year, Apple's workforce in India is expected to reach around 200,000, with women expected to make up around 70 percent of this workforce.
Currently, Apple's top three iPhone manufacturers in India (Foxconn, Wistron and Pegatron) have already created 80,872 direct jobs, while ancillary suppliers have created another 84,000 jobs, the report said.
The report further highlights that Apple has emerged as the most substantial creator of blue-collar employment in India in recent years, with a significant portion of these roles being filled by women and individuals entering the workforce for the first time. “In total, Apple’s suppliers and vendors have created approximately 165,000 direct jobs since the introduction of the smartphone Production-Linked Incentive (PLI) program in 2020,” the report said, citing the same sources.
Apple’s manufacturing journey in India began in 2021 with the production of iPhones, and since then, the company’s manufacturing footprint in the country has been steadily expanding. Notably, standard iPhone models produced in India, such as the iPhone 14 and iPhone 15, are now also being exported to global markets.
The upcoming iPhone 16 Pro could mark a significant shift in Apple’s manufacturing strategy in India. Until now, only standard iPhone models have been produced domestically, while the ‘Pro’ versions have been manufactured exclusively at Chinese manufacturing facilities. However, multiple reports suggest that Apple is planning to produce the upcoming iPhone 16 Pro and iPhone 16 Pro Max in India for the first time, marking a major milestone since these would be the first ‘Pro’ models to be made both in India and for the Indian market.
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Published: Aug 30, 2024, 10:42 PM IST