Home / Tablets / Apple to Expand Operations in India, Says IT Minister Ravi Shankar Prasad

Apple to Expand Operations in India, Says IT Minister Ravi Shankar Prasad

India’s information technology minister Ravi Shankar Prasad said on Monday Apple would expand its operations in the country and the iPhone maker’s supplier Salcomp would make components at a plant near Chennai in southern India.

Salcomp will invest Rs. 2,000 crores over the next five years to make chargers and other components at the plant and the move will also create 10,000 jobs, Prasad said.

Apple’s phones made in India will also be exported, he said, adding that exports of mobile phones and components from the country would be worth $1.6 billion (roughly Rs. 11,500 crores) each this year.

© Thomson Reuters 2019

For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and subscribe to our YouTube channel.

OnePlus 7 Pro, OnePlus 7T Get Discounts in India as Part of 5th Anniversary Celebration Sale on Amazon




Source link

Check Also

Xiaomi Mi Reader With 6-Inch HD E-Ink Display, USB Type-C Port Launched to Take on Amazon’s Kindle

After teasing the launch of an ebook reader a few days ago, Xiaomi has finally ...

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.