Once a deal is reached, the Treasury is expected to quickly refill its empty coffers with bond issuance, sucking out billions in cash
India's Telecom and Information Technology (IT) Minister Ashwini Vaishnaw on Tuesday said the biggest unit to manufacture Apple iPhone in India is coming up near Hosur near Bengaluru, and it will employ over 60,000 people.
The Minister was speaking during Janjatiya Gaurav Divas ceremony at Karnataka Raj Bhavan. He said six thousand tribal women residing near Ranchi and Hazaribagh have been trained to make iPhones.
It can be noted that Apple outsourced the manufacturing of iPhone enclosures to Tata Electronics, which has a plant at Hosur.
"Apple's iPhone is now getting made in India. It's the biggest plant in India and is being set up at Hosur near Bengaluru. 60,000 people work in a single factory. The first 6,000 of these 60,000 employees are our tribal sisters from places nearby Ranchi and Hazaribagh. Tribal sisters have been trained to make Apple iPhone," the Minister said.
According to reports, Apple had recently started assembling iPhone 14 model in India. Apple's main iPhone assembler, Foxconn, is manufacturing the devices at its Sriperumbudur factory on the outskirts of Chennai. Apple has been manufacturing iPhones in India since 2017, but these were usually older models.
ALSO READ:
Once a deal is reached, the Treasury is expected to quickly refill its empty coffers with bond issuance, sucking out billions in cash
Now Congress must approve it to prevent calamitous default
Now is the time we completely retire the term HR business partner
A host of issues face the markets, beyond the prospect of a possible default on US debt. Hedge your bets and ride it out, columnist says
US president: 'I'm hopeful we'll know by tonight whether we're going to be able to have a deal'
ChatGPT burst into the spotlight late last year, demonstrating an ability to generate essays, poems and conversations from the briefest of prompts
Business leaders recall how the Landmark Group CEO cared for those around him and helped them build their wealth along with him
New brand positioning underscores Exotel commitment to building lasting relationships with customers