Ending Soon! Save 33% on All Access

Apple Has Generated One Lakh New Direct Jobs In India, Says Rajeev Chandrasekhar Apple began manufacturing iPhones in India in 2017, and since then, the company has worked with suppliers to assemble new iPhone models and produce a growing number of components

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

MoS for electronics and IT Rajeev Chandrasekhar, on Tuesday, has said that Apple ecosystem in India has generated over one lakh new direct jobs in manufacturing in the last two years, according to an IANS report.

"Propelled by Prime Minister Narendra Modi's visionary PLI scheme, the Apple ecosystem has generated over one lakh new direct jobs in manufacturing over the last 24 months. About 70% of these are 19-24 year old women, who are starting their careers, acquiring skills and improving the ease of living for their families," the minister tweeted.

As per the report, Apple has ramped up its India manufacturing and in FY23, the iPhone exports surged to over $5 billion from India. Backed by Apple, India's overall smartphone exports also crossed $10 billion for the first time in a financial year. Apple began manufacturing iPhones in India in 2017, and since then, the company has worked with suppliers to assemble new iPhone models and produce a growing number of components.

Earlier this week, Apple celebrated its 25 years in India and opened its first flagship store in Mumbai followed by another in Delhi. On the occasion, the company announced that it now supports 1 million developer jobs in the country.

"At Apple, our mission is to enrich lives and empower people around the world. India has such a beautiful culture and an incredible energy, and we're excited to build on our long-standing history — supporting our customers, investing in local communities, and working together to build a better future with innovations that serve humanity," said CEO Tim Cook in a statement.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Side Hustle

The Side Hustle He Started at Age 15 Led to a $4 Billion Boon for Small Businesses: 'They Would Take a Chance on Me With Their Hard-Earned Money'

Nic Beique asked his local barber, gym and more if they'd like him to build a website for their businesses.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Now that OpenAI's Superalignment Team Has Been Disbanded, Who's Preventing AI from Going Rogue?

We spoke to an AI expert who says safety and innovation are not separate things that must be balanced; they go hand in hand.

Starting a Business

I Wish I Knew These Four Things Before Starting My Own Business

Starting a business is hard work to say the least. These are four lessons I wish someone had shared with me before going solo, so I'm here to share them with you.

Employee Experience & Recruiting

Beyond the Great Resignation — How to Attract Freelancers and Independent Talent Back to Traditional Work

Discussing the recent workplace exit of employees in search of more meaningful work and ways companies can attract that talent back.

Franchise

What Franchising Can Teach The NFL About The Impact of Private Equity

The NFL is smart to take a thoughtful approach before approving institutional capital's investment in teams.