Apple To Start Production In India:Everyones Happy Except The Chineese

Apple To Start Production In India:Everyones Happy Except The Chineese

 

HIGHLIGHTS

• Tim Cook discussed possibilities of manufacturing and retailing in India.
• During the meeting, Cook, appreciated breadth of young talent in India.
• Cook also met Sunil Mittal, chairman of Bharti Airtel.
• 10000 Chinese may become jobless

Apple chief Tim Cook met Prime Minister Narendra Modi on Saturday, concluding a four-day trip to India that could set the stage for Apple's expansion plans in one of the world's fastest growing smartphone markets.

PM Modi and Cook met for an hour in central Delhi and discussed Apple's plans for its India business, including the possibility of manufacturing and retailing in the country.

Apple is looking to expand its retail presence in India and is pursuing a license to set up its own stores, which could start to open as early as next year.

If Apple does decide to “Make In India”, the Chinese will stand to loose.It is estimated that If Apple shifts production to India, then almost ten thousand people will loose their job in China.