Apple Builds First R&D Subsidiary In India

Share via:


SUMMARY

Apple has set up a new subsidiary in India, which will focus on research, design, testing and providing support to third party manufacturers

This also marks the company’s first direct presence in the country

The development comes at a time when Apple has actively diversified its production outside of China amid geopolitical tensions between Beijing and Washington DC

Tech giant Apple has set up a new subsidiary in India, Apple Operations India, which will focus on research, design, testing and providing support to third party manufacturers.

This also marks the company’s first direct presence in the country.

A regulatory filing by the new entity listed procurement of engineering equipment, leasing of facilities, hiring engineers for hardware development and providing failure analysis services to group companies, ET reported.

Apple Inc. has issued a “letter of comfort” to assure its “operational and financial support” for Apple Operations India for the “foreseeable future,” according to a recent filing with the Registrar of Companies (RoC). Should the iPhone maker proceed with hardware design and testing in India, it would mark a first for the country, as Apple’s R&D activities are currently based in the US, China, Germany, and Israel.

The holding company for Apple’s current sales and marketing arm in India, Apple India, is part of its European operations—specifically, Ireland-based Apple Operations International, as per the filing.

The report further added that Apple Operations India is establishing a substantial base in India, with INR 38.2 Cr in capital work-in-progress and INR 36.8 Cr in fixed assets. 

Mohit Yadav, founder of business intelligence firm AltInfo, noted that the subsidiary’s focus on manufacturing support, procurement, and R&D reflects Apple’s intent to expand its operations in India beyond assembly and sales.

The development comes at a time when Apple has actively diversified its production outside of China amid geopolitical tensions between Beijing and Washington DC. This pivot to India also comes on the back of hefty production linked incentives (PLIs) and other sops offered by the Centre. 

To produce iPhones in India, Apple has partnered with Foxconn, Pegatron, and Tata-owned Wistron.

Recently, Apple announced plans to begin initial manufacturing of the iPhone 17 base model in India, partnering with a local factory for this production.

The introductory production of the standard iPhone 17 is expected to begin in India in the latter half of 2025.





Source link

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.

Popular

More Like this

Apple Builds First R&D Subsidiary In India


SUMMARY

Apple has set up a new subsidiary in India, which will focus on research, design, testing and providing support to third party manufacturers

This also marks the company’s first direct presence in the country

The development comes at a time when Apple has actively diversified its production outside of China amid geopolitical tensions between Beijing and Washington DC

Tech giant Apple has set up a new subsidiary in India, Apple Operations India, which will focus on research, design, testing and providing support to third party manufacturers.

This also marks the company’s first direct presence in the country.

A regulatory filing by the new entity listed procurement of engineering equipment, leasing of facilities, hiring engineers for hardware development and providing failure analysis services to group companies, ET reported.

Apple Inc. has issued a “letter of comfort” to assure its “operational and financial support” for Apple Operations India for the “foreseeable future,” according to a recent filing with the Registrar of Companies (RoC). Should the iPhone maker proceed with hardware design and testing in India, it would mark a first for the country, as Apple’s R&D activities are currently based in the US, China, Germany, and Israel.

The holding company for Apple’s current sales and marketing arm in India, Apple India, is part of its European operations—specifically, Ireland-based Apple Operations International, as per the filing.

The report further added that Apple Operations India is establishing a substantial base in India, with INR 38.2 Cr in capital work-in-progress and INR 36.8 Cr in fixed assets. 

Mohit Yadav, founder of business intelligence firm AltInfo, noted that the subsidiary’s focus on manufacturing support, procurement, and R&D reflects Apple’s intent to expand its operations in India beyond assembly and sales.

The development comes at a time when Apple has actively diversified its production outside of China amid geopolitical tensions between Beijing and Washington DC. This pivot to India also comes on the back of hefty production linked incentives (PLIs) and other sops offered by the Centre. 

To produce iPhones in India, Apple has partnered with Foxconn, Pegatron, and Tata-owned Wistron.

Recently, Apple announced plans to begin initial manufacturing of the iPhone 17 base model in India, partnering with a local factory for this production.

The introductory production of the standard iPhone 17 is expected to begin in India in the latter half of 2025.





Source link

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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

All I wanted for Christmas was my $773M BTC...

Speaking to Cointelegraph, James Howells shares an...

This new AirPods feature will have its biggest impact...

AirPods Pro 3 aren’t here yet, nor are...

Curefoods’ FY24 Loss Halves To INR 173 Cr

SUMMARY Curefoods’ loss fell 49.64% on the back of...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!