According to a recent report by the Economic Times, Apple’s local ecosystem could lead to the creation of more than 600,000 jobs in India which indicates that Apple is increasing focus on India, as it diversifies from China, is expected to generate a significant number of jobs in the country.
The report suggested that by the end of the current financial year, Apple may add approximately 200,000 direct jobs, with women constituting over 70 per cent of this workforce. Government projections cited in the report indicate that each direct job typically results in at least three indirect jobs, potentially leading to a total of 500,000 to 600,000 new employment opportunities.
Also read: Tata Group to employee 4,000 women from Uttarakhand at TN, Karnataka plants
This development coincided with reports of Apple ramping up its manufacturing capabilities in India. Bloomberg News has reported that the company has initiated training programmes for thousands of workers at its Tamil Nadu factory. The goal is to produce the iPhone 16 Pro and Pro Max versions as close to their global release date as possible.
Additionally, there are indications that Apple plans to assemble its high-end Pro and Pro Max models of the upcoming iPhone 16 series in India for the first time. This production will reportedly be carried out through Apple’s partner, Foxconn Technology Group, at their Sriperumbudur facility in Tamil Nadu.
The technology community is eagerly anticipating the launch of the iPhone 16 series. Apple has officially announced the event with the tagline ‘It’s Glowtime’, scheduled for September 9. Industry observers expect the unveiling of four new iPhone 16 models during this event.
Meanwhile, Apple named insider Kevan Parekh as its chief financial officer on August 26. Parekh replaced company veteran Luca Maestri, who will transition from the role on January 1, 2025.
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