New Delhi, NFAPost: Apple CEO Tim Cook met with PM Narendra Modi, Union Railways and IT Minister Ashwini Vaishnav and Union Minister of State for Electronics and IT Rajeev Chandrasekhar during his ongoing visit to India.
As part of the meeting, Tim Cook discussed local manufacturing and exports of iPhones in the country.
Union Minister of State for Electronics and IT Rajeev Chandrasekhar noted that he is confident the Cupertino-based tech behemoth would benefit a lot from its partnership with India.
“I am very confident that this Apple-India partnership has a lot of headroom for investments, growth, exports and jobs – doubling and tripling over coming years,” said Union Minister of State for Electronics and IT Rajeev Chandrasekhar.
The minister further took to Twitter and wrote: “It was a delight to meet @tim_cook CEO, @Apple and his team to engage on Apple’s strategic and long-term partnership with and in India’s digital journey.”
He further revealed, “We discussed deepening and broadening manufacturing, exports, skilling of youth, expanding app an innovation economy and job creation.”
Apple created over 1 lakh jobs in the past two years, out of which 70 per cent were taken up by women between the age of 19-24 years.
Apple has ramped up its production in India by tripling the iPhone manufacturing in the country. Apple now manufactures 7 per cent of its total iPhones in India.
iPhone export from India has surged to over $5 billion in FY23. Additionally, India’s overall smartphone exports also crossed $10 billion for the first time in a financial year. It was earlier reported that Apple will start manufacturing around 25 per cent of iPhones in India by 2025.
Apple has opened its Apple Saket store in New Delhi today at 10 am. This is the second Apple Store in India after Apple BKC that opened for public on April 18.
