Apple has scaled up its ecosystem in India in terms of
manufacturing on the back of the government’s Rs 40,000-crore production-linked
incentive scheme for smartphones. Two of the company’s contract manufacturers
Foxconn and Wistron, which earlier had negligible presence in the country apart
from relocating units from China and Taiwan, have crossed their year one (FY21)
investment target of Rs 250 crore each and have hired aggressively despite
Covid-led disruptions. Figures accessed by FE show that the two Apple contract
manufacturers have hired 7,500 workers each after August 2020, when the
smartphone PLI became operational. It is estimated that the vendors supplying
inputs to these two companies, like Sunwoda, Foxlink, Salcomp and others, have
also hired approximately 5,000 additional workforce to support the
manufacturing of the two contract manufacturer firms. Therefore, the total
direct hiring of the workforce by Apple’s ecosystem so far is in the range of
20,000 new employees.
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