India hasn’t made any moves to make itself an Apple ‘export hub’


Despite ramping up benefits for local manufacturers, the Indian government has made no proposal to position the country as an export hub for Apple devices like the iPhone.

On Wednesday, Indian Commerce and Industry Minister Piyush Goyal told Parliament that there has been no meetings or proposals with Apple regarding investments have been made, The Economic Times reported.

The commerce minister made that comment in response to a question about what has been to help establish India as an “export hub” of Apple goods. Currently, China is Apple’s primary export hub in Asia.

Goyal said at another point that India has received foreign investments worth $358.30 billion in the last six years, but added that “no data regarding total investment under Make in India is maintained centrally.”

The minister’s comments closely follow news that Apple-backed supply companies Foxconn, Wistron, and Pegatron were expected to benefit from a $6.6 billion economic initiative aimed at encouraging smartphone production in the country.

Better-established supply capabilities in India could help Apple diversify its manufacturing footprint and weather future trade disputes with China.



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