Centre asks Apple to make goods worth $50 billion annually in India
The Centre has proposed that electronics giant Apple generate annual production output worth $50 billion in India over the next 5-6 years in a push to its 'Make in India' programme. This would include expanding its locally-made product kitty beyond iPhones to include Macbooks, iPads, air pods and watches.
The Tim Cook-led company was asked to develop India as a global sourcing base which would be used to export fully-built products across the world at a high-level meeting between top government officials and senior functionaries from Apple, similar to what is being achieved in China currently.
“The meeting with the Apple officials happened recently, where senior members of the government – including a top minister – were present," a source told TOI.
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