Apple’s India expansion has been slow in part due to challenges in logistics, tariffs and infrastructure. Read more at straitstimes.com.
CALIFORNIA - Apple is facing challenges as it tries to increase production in India, the Financial Times reported on Tuesday, citing people familiar with the iPhone maker’s operations.
The Cupertino, California-based company has been shifting production away from China after the country’s strict Covid-related restrictions dented supply chains across industries.At a casings factory in southern India run by conglomerate Tata Group, only about half of the components from the production line are in good enough shape to be sent to Apple’s supplier Foxconn, FT reported, citing a person familiar with the matter.
Last month, India’s trade minister said that Apple wants India to account for up to 25 per cent of its production from about 5-7 per cent currently. BLOOMBERG
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BBC chair faces pressure to resign after report on loan to JohnsonRichard Sharp helped arrange a $1.3 million loan for former PM Boris Johnson when he applied for the position to lead BBC. Read more at straitstimes.com.
Read more »
Apple supplier Salcomp to boost Indian workforce to 25,000CHENNAI : Finland's Salcomp, a supplier to Apple, is planning to more than double its workforce in India to nearly 25,000 over the next three years, a company executive said on Monday.'China Plus One strategy is at its peak at this moment ... The whole supply chain is now kind of looking at an alternative
Read more »
Rodrigues, Ghosh lead India to T20 World Cup win over PakistanCAPE TOWN: Jemimah Rodrigues praised teenager Richa Ghosh after the pair took India to a seven-wicket win ove arch-rivals Pakistan in the Women's T20 World Cup at Newlands on Sunday (Feb 12). What had been a tense run chase turned into a comfortable win with an over to spare as Rodrigues and Ghosh, 19, put
Read more »
Russian arms supplies to India worth US$13 billion in past 5 years: ReportsRussia supplied India with around US$13 billion of arms during the past five years, and New Delhi has orders placed with Moscow for weapons and military equipment exceeding US$10 billion, Russian state news agencies reported late on Sunday (Feb 12).
Read more »
Nissan, Renault to invest US$600 million to make new models in IndiaTOKYO: Nissan Motor Co and Renault SA said on Monday (Feb 13) they would invest US$600 million to make six new models in India. The Japanese and French automakers will work on the projects from their base in Chennai, turning it into an export hub, they said in a statement. The six models, with ea
Read more »
India seen coping with Indonesia curbs on palm oil exportsMUMBAI : Indonesia's plans to restrict palm oil exports are unlikely to create a shortage in top consuming market India, where stocks have risen to a record high following aggressive imports in the past three months, industry officials said.That's a sharp contrast with last year when a sudden change in ex
Read more »