Updated News Around the World

Tim Cook commits to doubling jobs creation in India

New Delhi: Apple Inc. plans to double the number of jobs created in India, building on the 100,000 it generated over the past two years through manufacturing and other operations as it reinforced its commitment to Asia’s third-largest economy in discussions with government officials, a person aware of the talks said.

During a meeting with senior government officials on Wednesday, Apple chief executive Tim Cook sought policy predictability, help in developing supplier and component ecosystems, and manpower training as he discussed the company’s business plans in India, the person said, seeking anonymity.

“Over 100,000 jobs have been generated in India. This will double soon. It’s going to be a long-term play. Apple is happy with the support that the government has extended. They’ve acknowledged the government’s role,” the person added.

As part of efforts to diversify its supply chain and reduce its reliance on China, Apple has boosted the production of iPhones and other products in other countries, such as India and Vietnam. The move comes amid geopolitical tensions and rising labour costs in China. By diversifying, Apple can ensure a stable supply of its products to world markets.

Cook met with Prime Minister Narendra Modi, telecom and information technology minister Ashwini Vaishnaw and minister of state for electronics and information technology Rajeev Chandrasekhar.

“Thank you, Prime Minister Narendra Modi, for the warm welcome. We’re committed to growing and investing across the country,” Cook said in a Twitter post after meeting with the Prime Minister. In response, Prime Minister Modi said: “Glad to exchange views on diverse topics and highlight the tech-powered transformations taking place in India.”

Vaishnaw also tweeted about his meeting with Cook. “Discussed deepening Apple’s engagement in India across manufacturing, electronics exports, app economy, skilling, sustainability and job creation, especially for women. Jointly charting a long-term and strong relationship.”

Chandrasekhar tweeted: “We discussed deepening and broadening manufacturing, exports, skilling of youth, expanding app innovation economy and job creation.”

Apple is also exploring options to expand its manufacturing base in India and bring other product lines under the Make in India initiative, the person cited earlier said. The government has offered to support Apple’s manpower training needs by using its Gati Shakti University model to impart skills through Apple’s own courses and training programmes.

The person said the government had ready models to showcase on the lines of existing training courses being conducted by Boeing and Siemens.

Cook inaugurated India’s first Apple-owned store in Mumbai on Tuesday. He is expected to launch the second such store in Delhi on Thursday.

Catch all the Technology News and Updates on Live Mint.
Download The Mint News App to get Daily Market Updates & Live Business News.

More
Less

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsUpdate is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.