On one hand, India is the fastest growing economy in the world, on the other hand, renowned companies from all over the world are planning to expand their business in the country.
iPhone maker Apple has planned a large-scale recruitment campaign in India. A report quoting government sources has claimed that this American company can provide jobs to more than five lakh people in the next three years.
The famous American company Apple is focusing on increasing its production in India and for this it has planned to employ more than five lakh employees in the next three years.
More than 1.5 lakh employees are working in Apple's manufacturing ecosystem in India. In which employees of two factories run by Tata Electronics, a Tata Group company, are also included.
The company wants to increase its production in India five times to $ 40 billion (Rs 3.32 lakh crore) in the next 4-5 years.
Apple opened a new office in Bengaluru last year in which more than 1200 employees are currently working. Apart from this, the company's offices are already located in Mumbai, Hyderabad and Gurugram.
Tata Group is involved in iPhone manufacturing in India and Tata acquired Wistron Corp for $125 million in November 2023. Apple's iPhone manufacturing in India is owned by three vendors. These include Wistroen, Pegatron and Focuscon. Tata Group's Tata Electronics is operating two plants for Apple in India.