Apple’s 14 Chinese suppliers received government approval to establish a base in India

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The Indian government has reportedly given preliminary approval to Apple’s 14 Chinese suppliers to set up assembly plants in the country.

Luxshare Precision Industry, Sunny Optical Technology Group, Han’s Laser Technology Industry Group, and Shenzhen YUTO Packaging Technology are among the companies that have been approved by key Indian ministries. According to reports, the tech giant informed the union government that the services of these 14 suppliers were required to expand its presence in the country. Surprisingly, Apple was said to have submitted a list of 17 suppliers. At least one of these was rejected by Indian authorities, who cited the applicant’s direct ties to the Chinese government.

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Apple’s 14 Chinese suppliers received government approval to establish a base in India

The Indian government has reportedly given preliminary approval to Apple’s 14 Chinese suppliers to set up assembly plants in the country.

Luxshare Precision Industry, Sunny Optical Technology Group, Han’s Laser Technology Industry Group, and Shenzhen YUTO Packaging Technology are among the companies that have been approved by key Indian ministries. According to reports, the tech giant informed the union government that the services of these 14 suppliers were required to expand its presence in the country. Surprisingly, Apple was said to have submitted a list of 17 suppliers. At least one of these was rejected by Indian authorities, who cited the applicant’s direct ties to the Chinese government.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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