01-01-1970 12:00 AM | Source: Reuters
Apple targeting to raise India production share to 25%
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Apple Inc wants India to account for up to 25% of its production from about 5%-7% now, the trade minister told a conference on Monday.
"Apple, another success story," Piyush Goyal said. "They are already at about 5-7% of their manufacturing in India. If I am not mistaken, they are targeting to go up to 25% of their manufacturing. They launched the most recent models from India, manufactured in India."
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