After years of tremendous growth, Apple and its suppliers have directly created 100,000 new jobs for India’s labor force in the past 19 months alone, and more are on the way.
Apple surpasses other blue-collar employers In India’s electronics sector
According to reports from 2021, Apple supported over a million employees nationwide and directly produced about 20,000 new positions in India.
Since August 2021, Apple has created 100,000 new jobs in the country’s electronics industry, according to the Indian technology website Inc42. India began a program to create jobs in August 2021 dubbed the Production Linked Incentive (PLI) scheme.
Around 62% of the new total was produced by Apple’s contract manufacturers Foxconn, Pegatron, and Wistron. Together, they have produced 62,300 jobs, which, according to Inc42, is 7,000 more than what they agreed to as part of PLI.
With 35,500 new jobs, Foxconn added the most, followed by Pegatron (14,000) and Wistron (12,800). Thousands more positions should be added by each company by the conclusion of the fiscal year.
In addition to the above-mentioned firms, Apple suppliers in the region have created almost 40,000 additional employment opportunities in the previous 19 months. Salcomp, which has 11,000 new posts, is among them.
Salcomp’s actions are in line with its aims to increase its India workforce to 25,000 employees by 2026. In February, it was estimated that the supplier employed 12,000 people in its Chennai facility.
India’s PLI scheme has been successful thus far in helping Apple diversify its supply chain and move away from China. However, there are some concerns that the expansion of Apple’s supply chain in the region is simply not as efficient compared to China. To help train local employees and set up manufacturing, the Cupertino tech giant has been deploying product designers and engineers from California and China to local manufacturers.
By 2025, it is expected that the country will be responsible for producing one out of every four iPhones.