Apple may be on track to increase India’s local manufacturing revenue to nearly $40 billion over the next 5 years, as a result of the Government of India’s Production Linked Incentive scheme (PLI) for large scale electronics manufacturing. The scheme will be largely availed by two of Apple’s contract manufacturers, namely Winstron and Foxconn. Apple is … Continue reading "Apple said to shift 20% of production capacity to India, aims for $40 billion revenue in the next 5 years"
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