India’s share of global iPhone production forecast to match China’s by 2027 as Apple steps up supply chain diversification

[beijingwalker]

@beijingwalker Why global times is so much insecure about Apple's thrust into manufacturing sector if is truly a "factory of the world"?

Insecure or not, India is never considered a competitor, we worry about south east Asian countries, not India
As for you, make yourself more relevant in the chart before bragging so eagerly

 

[Dungeness]

For some reason, India seems to be always late to the party, because of "Delhi Time", or because smart Indians have immigrated?

India is late for manufacturing;
India is late for e-Commerce;
India is late for 4G, 5G;
India is late for military drones;
India is late for high speed rail;
India is late for EVs;
........

 

[walterbibikow]

Insecure or not, India is never considered a competitor, we worry about south east Asian countries, not India
As for you, make yourself more relevant in the chart before bragging so eagerly

Foxconn building employee hostels near Tamil Nadu plant

Foxconn Hon Hai, an India-based corporate entity owned by the Taiwanese electronics major, makes Apple phones - including the iPhone 14 - at its facilities in the electronics corridor in Sriperumbudur. Currently, these units employ close to 15,000 workers, most of whom are women.

www.google.com

 

[beijingwalker]

Foxconn building employee hostels near Tamil Nadu plant

Foxconn Hon Hai, an India-based corporate entity owned by the Taiwanese electronics major, makes Apple phones - including the iPhone 14 - at its facilities in the electronics corridor in Sriperumbudur. Currently, these units employ close to 15,000 workers, most of whom are women.

www.google.com

You just so funny, stop quoting me for Indian domestic news, your economy is just on sixth of China's and basically produces nothing and plays no role in global export market, in export even tiny city like Hong kong will beat you hands down, come back in 50 years and see if your pathetic rankings are improved.

 

[walterbibikow]

your economy is just on sixth of China's

5.2X down from 5.8X

Good luck with your so called "Great GDP"

china: China COVID peak to last two-three months, hit rural areas next - The Economic Times

Infections are expected to surge in rural areas as hundreds of millions travel to their home towns for the Lunar New Year holidays, which officially start from Jan. 21, known before the pandemic as the world's largest annual migration of people.

www.google.com

in export even tiny city like Hong kong will beat you hands down, come back in 50 years and see if your pathetic rankings are improved

This fiscal year our total exports(Merchandise +services) would touch $740+ billion

China December manufacturing contracts at sharpest pace in almost 3 years

China's factory activity shrank for the third straight month in December — and at the sharpest pace in nearly three years.

www.google.com

 

[beijingwalker]

5.2X down from 5.8X

And your population is posing to be bigger than China's, why your economy is so far behind?

 

[walterbibikow]

And your population is posing to be bigger than China's, why your economy is so far behind?

Because major reforms related to manufacturing sector took place only in last 8 years

Redirect Notice

 

[beijingwalker]

Because major reforms related to manufacturing sector took place only in last 8 years

Redirect Notice

China had been the world factury and registered massive trade surplus for decades, come back when you manage to become decent in manufacutring and become trade surplus, China and US are fighting for the top dog , it's none of you India's business, find someone your own size to fight next time, didn't Bangladesh just overtook you in GDP per capita last year?

 

[walterbibikow]

China had been the world factury and registered massive trade surplus for decades, come back when you manage to become decent in manufacutring and become trade surplus

That's why your GDP is set to contract further in the ongoing FY

didn't Bangladesh just overtook you in GDP per capita last year?

They just got their bailout packages from multilateral organizations

From economic miracle to IMF bailout in two months, what happened to Bangladesh?

In November, the International Monetary Fund approved a loan assistance worth $4.5 billion to Bangladesh after its economy declined to levels that has now led people to protest against the country’s administration

www.google.com

 

[beijingwalker]

That's why your GDP is set to contract further in the ongoing FY

LoL, Even if China didn't grow, it'll take decades for you to catch up with China's present development level, just go away and find someone your own size. you are not in the same league.

 

[walterbibikow]

LoL, Even if China didn't grow, it'll take decades for you to catch up with China's present development level, just go away and find someone your own size. you are not in the same league.

World Bank

China's estimated GDP growth rate out of reach for Beijing: World Bank

In China, growth is projected at 4.3 per cent in 2023--0.9 percentage points below previous forecasts. The second-largest economy in the world is now falling back in the race.

www.aninews.in

 

[beijingwalker]

World Bank

China's estimated GDP growth rate out of reach for Beijing: World Bank

In China, growth is projected at 4.3 per cent in 2023--0.9 percentage points below previous forecasts. The second-largest economy in the world is now falling back in the race.

www.aninews.in

World bank revise their predictions multiple times every year, and achievable or not, what does it to do with India? it's the economic domiance struggle between China and US, just be a good spectator for the big game.

 

[walterbibikow]

World bank revise their predictions multiple times every year, and achievable or not, what does it to do with India? it's the economic domiance struggle between China and US, just be a good spectator for the big game.

And India is emerging as the biggest winner out of this conflict

Mitsubishi Electric to Build Plant in India for Room Air Conditioners and A/C Equipment Compressors

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will invest some 26.7 billion yen (about U.S.$ 222.5 million), in its subsidiary

www.businesswire.com

Tata Motors to launch 10 new products in 24-36 months | Autocar Professional

Having grown at double the market rate, Tata Motors is planning for 20% growth in volumes in the next year – with a monthly production plan of 55,000 to 60,000 units a month

www.google.com

 

[beijingwalker]

And India is emerging as the biggest winner out of this conflict

Mitsubishi Electric to Build Plant in India for Room Air Conditioners and A/C Equipment Compressors

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will invest some 26.7 billion yen (about U.S.$ 222.5 million), in its subsidiary

www.businesswire.com

Tata Motors to launch 10 new products in 24-36 months | Autocar Professional

Having grown at double the market rate, Tata Motors is planning for 20% growth in volumes in the next year – with a monthly production plan of 55,000 to 60,000 units a month

www.google.com

Come back when you reach even half the size of China's economy, chest thumping about something hasn't happened yet takes you nowhere, I know Indian politicians promise a lot in their campaigns but only fools believe they would come true. India superpower 2012, Indian superpower 2020... , you guys should really just keep those crap to yourselves.

 

[FairAndUnbiased]

Hmm

Apple suppliers to invest ₹2,800 cr in UP as iPhone maker to move more manufacturing to India | Business Insider India

With Apple eyeing to ramp up manufacturing in India amid Covid-related supply chain issues in China, the Yamuna Expressway Industrial Development Authority (YEIDA) said on Wednesday that some of Apple suppliers have applied for land with the authority, with a proposed investment of Rs 2,800...

www.google.com

Greater Noida

As Apple moves to increase manufacturing in India, 3 of its component suppliers will invest ₹2750 crores in UP

Seiko Advance Ltd ~ ₹850 Cr
Foxconn ~ ₹700 Cr
Eizo Global ~ ₹1200 Cr

Employment ~ 5000

Even Chinese suppliers have started moving into

Apple Partners With Sunny Opotech for $300 Million Camera Module Factory in India - News18

Sunny Opotech will begin manufacturing exclusively for Apple in 2024, following initial product testing in China.

www.google.com

tata iphone india: Tata-run iPhone plant would be a boon for India, executive says - The Economic Times

“I am not directly involved in that, but it should be really good for India because this is going to create an opportunity in India to manufacture electronics and microelectronics,” N Ganapathy Subramaniam, operating chief at Tata Consultancy Services Ltd., told Bloomberg TVs Rishaad Salamat and...

www.google.com

I'm not aware that Seiko, Foxconn, Eizo, or Sunny Optotech are Indian companies.