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Apple to employ over 500,000 people in India over the next 3 years

by Blitz India Media
April 23, 2024
in News
0
apple
Team Blitz India

NEW DELHI: Phone maker Apple through its vendors is expected to employ over 500,000 people in India over the next three years, according to government sources.

At present Apple’s vendors and suppliers employ 150,000 people in India. Tata Electronics, which runs two plants for Apple, is the biggest job generator.

“Apple is accelerating hiring in India. At a conservative estimate, it is going to employ five lakh people in the next three years through its vendors and components suppliers,” a senior government officer told PTI.
When contacted, Apple declined to comment on the projection.

Apple has plans to scale up production in India by over five-fold to around $40 billion (about 3.32 lakh crore) in the next 4-5 years.

According to market research firm Counterpoint Research, Apple led the India market with the highest revenue in 2023 for the first time, while Samsung topped the chart in terms of volume sales.

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