India's slow progress in becoming a chipmaking powerhouse to rival China is bad news for Apple
collectively has slowly crept up in recent years — 39 in 2022 versus 18 in 2017 — while its list in China has seen a very gradual decline.
But unlike Vietnam, India has the economic might to pitch itself as a tech-manufacturing powerhouse with the heft to rival China – a role it no doubt relishes given its geopolitical battle with Beijing. spent some time in India in April, meeting Modi and building bridges with others such as Bollywood star Madhuri Dixit and billionaire tycoon Mukesh Ambani, who he was reported to have met in Mumbai.
on Monday, per Reuters, giving no reason for its decision to axe the project one year after its signing.
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