Get All Access for $5/mo

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.
News and Trends

"45% of All Ongoing Hydropower Projects in India are Ours": Patel Engineering

Patel Engineering reported a turnover of INR 4,400 crore in the last fiscal year, with a projected 10 per cent growth for the current year.

Growing a Business

Stop the Errors: Set a Review Process That Works

Mistakes make you look unprofessional and hurt your growth. Fix them today.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Leadership

Should I Stay or Should I Go? 8 Key Points to Navigate the Founder's Dilemma

Here are eight key signs that help founders determine whether to persevere or let go.

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.

News and Trends

RBI's Next Chapter: Can India Embrace Crypto Innovation?

With the appointment of under-the-radar Sanjay Malhotra to replace Das as India's new and 26th central bank governor, crypto players are optimistic about the future