July 09, 2024 – A groundbreaking revelation by Moneycontrol yesterday, July 8, indicates that Apple Inc. is reassessing its strategy for iPad production in India, buoyed by robust government incentives and other compelling factors. The Indian government, in a bid to bolster domestic IT manufacturing, is poised to unveil a comprehensive package of rewards and support measures encompassing tablets, laptops, servers, and more.
Initially, Apple had entertained the prospect of partnering with BYD to establish iPad production facilities in India, a venture that ultimately saw a shift in focus, with critical production resources redirected to Vietnam. However, the landscape has dramatically shifted, as revealed by an anonymous senior Indian official.
“BYD was all but set to commence iPad factory construction in India, but navigating the approval process proved to be a formidable hurdle,” the official disclosed. “The tide has since turned, and we are now vigorously facilitating Apple’s expansion efforts, aiming for significant growth within the next two to three years.”
Furthermore, the Indian government harbors aspirations for Apple to extend its footprint in the country by manufacturing Mac laptops and desktops in the coming years. The official divulged that Apple has shared its grand vision for India over the next 2-3 years, outlining plans to establish a secondary supply chain within the nation’s borders.
This strategic move is expected to entice a plethora of new partners to India while simultaneously encouraging existing partners to deepen their capabilities. By fostering such a robust ecosystem, Apple aims to fortify its position in the global market and mitigate potential supply chain vulnerabilities.
