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Zhitong
2023.09.06 23:19
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Can Apple replicate the success of its Chinese factories in India?

So far, India has made progress in the field of smartphone manufacturing, with companies like Samsung Electronics and Apple expanding production in India, although localizing the supply chain is still a long way off.

Intelligence from Zhītōng Finance APP has noticed that

So far, India has made progress in the field of smartphone manufacturing, with companies like Samsung Electronics and Apple (AAPL.US) expanding production in India, although localizing the supply chain is still a long way off. In order to replicate this initial success, the country needs to overcome several challenges, including a shortage of skilled labor.

Is this India's moment? Does India have the conditions to become a manufacturing powerhouse, as companies seek to diversify their bets in the post-COVID world?

If done well, it has the potential to create millions of job opportunities, but the risks of shipping delays and cost inflation are imminent. How India's factory drive unfolds will be key to whether it can become a new economic powerhouse in the world.

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