Apple become the largest employer in India’s electronics sector

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Apple has become the largest employer in India’s electronics sector. In the last 19 months, Apple has created one million new direct jobs.

According to a Business Standard report, Foxconn Hon Hai, Pegtron, and Wistron, Apple’s three contract manufacturers in India, have created 62% of the new jobs. In addition, the 62,300 jobs created by Apple’s contract manufacturers exceed their PLI job creation commitment by approximately 7,000 new jobs. The three firms are still expected to add a few thousand jobs by the end of the current fiscal year. Apple’s Indian suppliers, including Tata Electronics, Salcomp, Avary, Foxlink, Sunwoda, and Jabil, have created an additional 40,000 jobs.

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Apple become the largest employer in India’s electronics sector

Apple has become the largest employer in India’s electronics sector. In the last 19 months, Apple has created one million new direct jobs.

According to a Business Standard report, Foxconn Hon Hai, Pegtron, and Wistron, Apple’s three contract manufacturers in India, have created 62% of the new jobs. In addition, the 62,300 jobs created by Apple’s contract manufacturers exceed their PLI job creation commitment by approximately 7,000 new jobs. The three firms are still expected to add a few thousand jobs by the end of the current fiscal year. Apple’s Indian suppliers, including Tata Electronics, Salcomp, Avary, Foxlink, Sunwoda, and Jabil, have created an additional 40,000 jobs.

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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