India's Rising Appeal to Global Tech Giants

Union telecom minister Jyotiraditya Scindia recently highlighted India's growing importance as a manufacturing hub for global tech companies, with Apple leading the charge. At the Bharat Telecom event, Scindia emphasized that India is not just a cost-effective choice but also a reliable and original one for original equipment manufacturers (OEMs).

Apple's Strategic Manufacturing Shift

Apple's decision to manufacture the majority of iPhones sold in the US from India marks a significant shift in its global supply chain strategy. CEO Tim Cook announced this move during a recent earnings call, citing economic benefits and the need to navigate tax tariff uncertainties.

India's Transformation into a Mobile Manufacturing Powerhouse

From importing 21 crore mobile phones in 2014 to producing 33 crore units and exporting 5 crore by 2024, India's mobile manufacturing sector has seen exponential growth. Minister Chandra Sekhar Pemmasani pointed out that 15% of the world's iPhones are now made in India, showcasing the country's pivotal role in Apple's supply chain.

Advancements in Semiconductor Technology

India's semiconductor mission is another area of significant progress, aiming to establish the country as a global leader in electronics and manufacturing. The development of semiconductor fabrication plants is a step towards technological self-reliance and innovation.