Key Points
Apple is set to employ some half-a-million people in India according to a government source...
Apple has been trying to diversify its manufacturing base away from China after facing huge difficulties during the Covid-19 pandemic when the production of iPhone and other gadgets came under intense pressure..
Since then, India has become a huge target for Apple to set up its base and things have been moving apace with the iPhone maker making all the right moves to set up a permanent base here..
It has been reported today that Apple, via its vendors, may well end up employing over 500,000 people in India over the next three years. according to PTI quoting government sources..
Such a huge workforce may be necessary as Apple wants to raise production here by over 5 times to around $40 billion (about 3.32 lakh crore) and that too within just 4-5 years..
