Apple to move half of its supply chain from China to India, employ 5 lakh people in 3 years

Apple plans to relocate half of its supply chain from China to India, creating 500,000 direct jobs. Currently responsible for 150,000 blue-collar jobs in India, Apple aims to increase local value addition and reduce its reliance on China. With a focus on manufacturing in India, Apple has seen substantial growth in production numbers. This shift could position India as a hub for Apple's research and development.

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FAQs - Apple moving half of its supply chain from China to India

Frequently Asked Questions - Apple moving half of its supply chain from China to India

1. Why is Apple moving half of its supply chain from China to India?

- Apple is making this move as part of its strategy to diversify its manufacturing and reduce its reliance on China.

2. How many people is Apple planning to employ in India over the next 3 years?

- Apple plans to employ 5 lakh (500,000) people in India over the next 3 years.

3. When did Apple announce their decision to shift half of their supply chain to India?

- There is no specific date mentioned in the given links, but the articles suggest that the reports surfaced approximately 21-23 hours ago from the date of the content.

4. Which products will be manufactured in India as part of this move?

- The specific products are not mentioned in the search results provided.

5. Will Apple continue to have manufacturing and supply chain operations in China?

- Although Apple is moving half of its supply chain to India, this suggests that it will still maintain some level of operations in China.

6. What are the potential disadvantages of Apple shifting its manufacturing base from China to India?

- The disadvantages are not detailed in the search results. However, typical concerns might include the challenges of setting up a new supply chain, training new employees, or possible logistical issues.

7. What impact is Apple's move expected to have on the Indian economy?

- Apple's move is expected to create a significant number of jobs and contribute to local value addition in India, hence positively impacting the Indian economy.

8. Is the move official and has Apple confirmed it?

- The articles suggest reports from Economic Times and other sources, but it's not clear if there has been an official statement from Apple itself.

9. What benefits will Apple derive from moving part of its supply chain to India?

- Benefits could include a more diversified supply chain, reduced labor costs, and potential tax incentives from the Indian government.

For more detailed information, you can refer to the articles mentioned in the search results such as from Firstpost, Economic Times, and coverage on Narendra Modi's official website.