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Apple Targets Raising India Production Share to Up to 25%

India
A man walks past an Apple store in Taipei, Taiwan, Oct. 20, 2020.

KONTAN.CO.ID - NEW DELHI. Apple Inc wants India to account for up to 25% of its production from about 5%-7% now, the trade minister told a conference on Monday, as the iPhone maker continues to move its manufacturing away from China.

"Apple, another success story," Piyush Goyal said, pitching India as a competitive manufacturing destination. "They are already at about 5-7% of their manufacturing in India. If I am not mistaken, they are targeting to go up to 25% of their manufacturing. They launched the most recent models from India, manufactured in India."

Goyal did not say when Apple wants to meet the target. Apple did not immediately respond to a request for comment.

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