Apple, the big tech company known for iPhones and Macs, has a huge plan. They’re going to move a lot of their business from China to India in the next three years. This isn’t just a small change; it’s a big deal because it will create a lot of jobs in India.

Why Move from China to India?

The Big Plan

Apple wants to make sure it’s not relying too much on one country, which is why they’re moving part of their work from China to India. This is part of their plan to spread their business around more countries.

Lots of New Jobs

Apple’s move is going to be great for jobs in India. They’re planning to hire 500,000 people, which is a lot more than the 150,000 jobs they have now in India. That’s a big jump!

What This Means for India

More Value Added Locally

Right now, Apple adds more value to their products in China than in India. But with this move, they’re hoping to increase the value added in India, making India more important in how Apple products are made.

Boost for Indian Companies

Apple working more in India means good news for Indian companies that make parts and supplies for Apple. It’s going to create a lot of work and opportunities for these companies.

Job Creation by Apple’s Suppliers

Companies that work with Apple in India, like Tata Electronics and others, are going to create even more jobs. Since a special plan called PLI started in 2021, these companies have already made lots of jobs, and now there will be even more.

More iPhones Made in India

Production is Up

Apple has started making more iPhones in India, and last year they made iPhones worth a lot of money. This shows Apple is serious about making more of their products in India.

Apple’s Success in India

Apple’s boss, Tim Cook, has said that they are doing really well in places like India. They’re selling a lot and growing fast in these markets.

In short, Apple’s big move to India is a huge deal. It’s going to create a lot of jobs and make India an even more important place for making iPhones and other Apple products. This could mean a lot of good things for India’s economy and its technology industry.

Related Video: Related video: Apple Doubles India iPhone Output to $14 Billion in China Pivot (Bloomberg)

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