Government sources reveal that Apple’s vendors are projected to employ over 500,000 people in India over the next three years, significantly up from the current 150,000. Tata Electronics, managing two plants for Apple, is a key contributor. The tech giant aims to amplify production in India to $40 billion in the next 4-5 years. Market research by Counterpoint shows Apple leading in revenue in 2023, surpassing 10 million unit shipments. iPhone exports from India doubled to $12.1 billion in 2023-24 from the previous year. Apple declined to comment on the projections.
Apple Expected to Create 500,000 Jobs in India within Three Years
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