Indian Economy News

Apple in talks to expand India production capacity, Prasad says

New Delhi: Apple Inc is looking to expand its contract manufacturer's production facility in Bengaluru, India, aimed at increasing the market share of iPhone in India, one of the biggest smartphone markets in the world. Mr Ravi Shankar Prasad, Federal Minister for Electronics and IT, Government of India, stated that government officials were in contact with mobile phone makers like Apple regarding expansion as well as setting up of new facilities. Apple started manufacturing iPhone SE at the Bengaluru plant of Wistron, its Taiwan-based contract manufacturer.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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