US-based iPhone maker Apple is slowly expanding its operations in India and the government is in regular touch with the company to support its Business, Commerce and Industry Minister Piyush Goyal. That’s how the electronics industry works because they first set up a basic and then they’re sourcing different components to add to their ecosystem, he said.
“Apple is continuously expanding its operations in India… We are in constant touch with Apple, MeITY (Ministry of Electronics and Information Technology) is also in touch with them… We are holding their hands because in a way, the eyes of the whole world are on Apple,” India said. He said when asked about Apple’s plans to set up a full-fledged manufacturing unit.
The company gets iPhones made in India by electronics giants – Wistron, Foxconn and Pegatron.
The minister had earlier said that India’s exports of mobile and electronics goods have doubled in the last year.
“Apple itself exported about US$5 billion worth of products from India last year and they are planning to outsource 25 percent of their global production from India in the next 4 or 5 years,” he said.
Apple will open its first retail store in India next week, in a sign of the iPhone maker’s focus on the world’s fastest-growing smartphone market.
The company will integrate its first official store in Mumbai on April 18 and the second in Delhi on April 20.
