New Delhi: The Union Minister of State for Electronics and IT, Rajeev Chandrasekhar met Apple CEO Tim Cook and discussed how to enhance local manufacturing and iPhone exports.
FY23, Apple recorded more than $5 billion in iPhone exports from India.
“It was a delight to meet @tim_cook CEO, @Apple and his team to engage on Apple’s strategic and long-term partnership with and in India’s digital journey,” the minister said in a tweet.
“We discussed deepening and broadening manufacturing, exports, skilling of youth, expanding app an innovation economy and job creation,” Chandrasekhar added.
The export of mobile phones rose from Rs 45,000 crore in FY22 to Rs 90,000 crore in FY23. It surpassed the previous estimate of Rs 75,000 crore.
The outstanding performance of the performance-linked incentive (PLI) scheme for mobile phones serves as an inspiration for other electronic segments to emulate this success in increasing manufacturing and exports.
In India the Apple ecosystem in the last two years has generated more than one lakh new direct jobs in manufacturing.
“About 70 per cent of these are 19-24 year old women, who are starting their careers, acquiring skills and improving the ease of living for their families,” he added.
Apple began manufacturing iPhones in India in 2017, and since then, the company has worked with suppliers to assemble new iPhone models and produce a growing number of components.
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