Read how Apple created direct jobs in India
Key Takeaways:
- Through its contract manufacturers and suppliers, such as Foxconn, Wistron, and Pegatron, Apple has directly contributed to the creation of about 50,000 jobs in India.
- Representatives from the government claim that Foxconn is in charge of 40% of the blue-collar jobs produced by three of Apple’s contract manufacturers.
Since the implementation of the smartphone production-linked incentive scheme (PLI), Apple has generated approximately 50,000 direct jobs in India via its contract manufacturers and suppliers, including Foxconn, Wistron, and Pegatron, according to government officials.
Additionally, according to officials citing the employment data provided by these companies, Apple’s manufacturing activities in India are expected to generate about 100,000 indirect jobs.
According to government estimates, the PIL programme would create three additional jobs for every new direct job in the electronics manufacturing sector.
Beneficiaries of the PLI scheme must submit their employment information quarterly to the Ministry of Electronics and Information Technology (MEITY).
PLI scheme helps the electronics manufacturing industry create jobs.
In India, iPhones are put together by Foxconn, Wistron, and Pegatron. Salcomp, Foxlink, Sunwoda, and Avary are some of Apple’s component suppliers.
According to government representatives, Foxconn is responsible for 40% of the blue-collar jobs generated by three of Apple’s contract manufacturers.
As they increase the capacity of the supply chain for the iPhone, the component suppliers also have added a handful of thousand jobs over the year.
With 10,000 employees, Tata Group recently partnered with Wistron to build a 500-acre plant in Hosur to produce parts for smartphones, including iPhones.
According to government representatives, Tata intends to hire 45,000 people in the next 18 months. Additionally, Tata Group and Wistron are in discussions to start jointly producing iPhones in India.
Government representatives claim that the smartphone PLI programme has increased employment opportunities in the electronics industry, particularly the manufacturing sector, which has assisted in offsetting job losses in other sectors.
Apple exported iPhones from India in 2021, the first year of the PLI programme, for a little over INR 11,000 crore ($1.5 billion). Exports are anticipated to surpass INR 20,000 crore in 2022.
According to experts, Apple now locally manufactures 85% of the smartphones it sells in India instead of importing nearly 90% of them from China before implementing the PLI scheme.
Source from: Times of India
