The US tech major is planning to begin local production of its upcoming iPhone 12 by next April - within six months of its launch.
Gaps in labour legislation and India's reluctance to ratify two ILO conventions are stoking disputes over trade union recognition between managements and workers.
Till recently, iPhone production in India was limited to older models at a lower price tag. So far, Apple has localised production of five smartphone models - iPhone SE (1st Gen), 6S, 7, XR and 11.
Labour unrest -- regarded for over two decades as a non-issue by foreign investors because of tight controls wielded by the government -- suddenly flared up highlighting poor conditions the workers faced across the country.
Recently, Prime Minister Narendra Modi met over 40 CEOs across broad swathes of industry, ranging from makers of mobile devices, auto components, food products to telecom networking equipment and pharmaceuticals. The agenda: To discuss how to make India an integral part of the global supply chain. The focus of the discussion would be the much touted yet not so well understood production-linked incentive scheme (PLI), the centrepiece of the government's drive to massively boost the manufacturing sector. To do so, the government has created a war chest of over Rs 197,000 crore to be paid out as incentives to over 14 industries in five years. There are three objectives to the scheme, two explicitly stated, one implied.
Hitherto unknown on the flourishing Chinese industrial scene, labour strikes suddenly appear to be on the rise with 900 workers in Japan's equipment maker Brother striking work to demand higher wages, close on the heels of trouble in Foxconn and Honda.
A spate of suicides in Foxconn and employee strikes in Honda Company's plants in China have spurred a major change in "the world's factory", as foreign and domestic enterprises prepare for hefty pay rises in the coming years, a national daily reported on Thursday.
The government gave clearance to five global and five Indian players that have made a commitment to a production value of 12.5-trillion phones in five years under the Production Linked Incentive scheme.
Pictures of iPed posted on YouTube shows it is even packed in look-alike iPad box.
Today, Vachani's public-listed company, Dixon Technologies, has gone beyond manufacturing just television sets. Armed with private equity funding from Motilal Oswal eight years ago, it has transformed itself into a Rs 4,400 crore electronic manufacturing services major, which now straddles lighting products, home appliances, feature phones, LED bulbs, amongst others. A two-part series looks at how two home-grown manufacturers are leveraging the govt's production-linked incentive scheme.
Snapdeal also in talks with China's Alibaba and Taiwan's Foxconn to raise $1 bn.
Even as the government's move to hike import duties on 45 items is seen as a sign of protectionism, the prime minister was himself involved in the process.
Mobile phone major Sony Ericsson will manufacture mobile phones in Chennai, a top company official said ion Wednesday.
...but are we chasing yesterday's dreams, asks Ajit Balakrishnan.
The $300-million GiantPlus is a leading Taiwanese firm engaged in developing, manufacturing and selling LCD panels and modules focusing on small- and mid-sized applications such as mobile phones, consumer products and entertainment equipment.
Alipay payment service is about bringing the world's consumers and businesses together.
SoftBank's investments in the past two years include $627 million in online-retailing marketplace Snapdeal and leading a $210 million funding round in taxi-hailing app Ola Cabs.
India has been able to attract 40 global smartphone makers to the country -- creating at least 50,000 jobs. But GST could hurt that, discovers Ayan Pramanik.
The R&D centre would come up at Chennai, the company said.
Apple's online launch is a symbol of success for FDI in single-brand retail, though there's no indication of how much the Silicon Valley major would invest in the country.
One of Apple's suppliers, Salcomp, will invest Rs 2,000 crore over the next five years to make components at a Nokia plant in Chennai. The facility, which has been closed for nearly 10 years, will be revived and made operational from March 2020.
CM makes 'Make in Maharashtra' pitch to China.
Apple has been lobbying hard for exemption from the mandatory 30 per cent local sourcing.
According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.
Though it is often said that Indian Railways is the largest employer in the world, but it seems it is not
Apple Inc is preparing for the largest initial production run for its next iPhones by the end of the year.
The flow of economic news suggests that "good days" are not here as yet.
Micromax will invest Rs 300 crore on constructing new factories
PM Modi's China visit may strengthen ties between both the countries.
Microsoft had acquired Nokia's phone business for $7.2 billion two years ago under its then CEO, Steve Ballmer.
Apple and Samsung are international players and should work as a team with domestic companies to transform India into a global powerhouse: IT Minister Ravi Shankar Prasad.
India Meteorological Department has predicted deficient rains.
A series of defining photographs from across the globe.
The maker of the iPhone and the iPad has made a proposal to the government for a wholesale foray.
With Nikesh Arora's exit from Softbank, India's start-ups have lost one of its biggest supporters.
The US president's stance on immigration could lead to a change in H1B visa rules.
India was for the first time the leading country in the world for FDI, overtaking the US.
Commerce and Industry Minister Suresh Prabhu is slated to meet senior executives of Apple on the sidelines of the World Economic Forum in Davos later this month.
'We want to make in India but it will depend on volumes and partner ecosystem.'
Manu Kumar Jain, vice-president, Xiaomi, and managing director, Xiaomi India, shares his thoughts with Arnab Dutta on how the firm has put India on the forefront.
