Thursday, 13 April, 2023

Apple Drives Record Surge in India Smartphone Exports, Doubling with Increased Production Capacity

Apple is playing a significant role in the booming smartphone export market in India, with exports doubling in a record surge. Apple's manufacturing partners, Foxconn and Wistron, have increased their production capacity in India, leading to a boost in exports. The Indian govt's production-linked incentive scheme for smartphones and the growing demand for affordable smartphones in international markets are cited as key factors contributing to the surge in exports.