INSUBCONTINENT EXCLUSIVE:
NEW DELHI: As numerous as 12-15 Chinese business, which are suppliers to Apple, will get the go-ahead to provide vital elements as domestic
products are unavailable.As reported by TOI on December 26, Apple had approached the Centre to get its production ecosystem to India in a
quote to increase its production from the nation
While the federal government has taken a tough view on permitting Chinese business, including those already in India, to get fresh financial
investments due to sensitivities, an exception has been made in case of Apple vendors, sources said.There were concerns about permitting
bulk Chinese control of these business that provide parts to Apple however the government chose to allow entire shareholding to be held as a
The concerns over the entry of other Chinese business, however, remain and a relaxation is unlikely, sources said.They said that the
elements that these outfits make are important to the entire Apple production chain
Some leading Indian business and corporations had actually been approached several months to see if the parts could be domestically
produced, minimizing the need to permit Chinese business
However with the Indian gamers not able to produce the desired results, the Chinese vendors of Apple are now being let in.Some of these
business, which are unfamiliar, currently have a little presence in India but are now expected to ramp up operations significantly.Since the
outbreak of Covid 19 three years earlier, numerous global giants have been seeking to remodel their production bases and the government has
successfully handled to charm 3 of Apples contract manufacturers to the nation-- Foxconn, Wistron and Pegatron-- which are now manufacturing
the latest iPhones from India.Chinese business, which are suppliers to Apple, will get the go ahead to provide crucial parts as domestic
