Big push China, Apple is now going to shift 20% of production to India


BanglaHunt Desk: In the crisis of Corona virus, the iPhone company Apple (Apple) took a big decision. This US company is going to leave China and bring their company to India. As a result of this incident, the US government is going to give another big blow to China. Once the Apple company moves to India, there will be no shortage of jobs for Indian citizens.

This time America is withdrawing the company from China

In the wake of the ongoing trade war with China, US companies have had to face huge losses in the first place. Currently facing a lockdown caused by the corona virus (COVID-19), they are facing more problems. At this time, the Chinese iPhone company Apple is also trying to leave China.

IPhone company Apple is coming to India

Influenced by the Corona virus, iPhone company Apple has decided to bring half of its company, or 20 percent of Apple's production capacity, from China to India within the next one year. In addition, the company aims to increase its manufacturing revenue to ভার 40 billion over the next five years, according to Contract Manufacturing in India. There have been several meetings over the past few months between Apple's senior executives and senior government officials on the issue.

A senior government official said, “Apple will be able to increase the production of smartphones in the country by contract manufacturing Bistron and Foscon to আর 40 billion.” The company will take incentives through PLI-scheme. And be able to export more.

The Indian government has also held meetings with Apple and Samsung

Indian Prime Minister Narendra Modi met with senior executive officers of Apple, Samsung and Lover in December last year to bring high-tech manufacturing to the country.

Apple sells only ৫ 1.5 billion in India. But China, on the other hand, produces about ২ 220 billion, of which র 185 billion is exported. Apple's operations in China employ 4.6 million people. Apple has a 36 percent market share and a 22 percent market share in global handset exports.