Apple plans to push India up in its value chain

Apple Inc. is likely to triple its production of iPhones assembled in India over the next two years, three people aware of the development said, representing a significant expansion of its local manufacturing capabilities.

“They’re looking to scale up the volumes that they make from India… it can rise by more than three times what they aim to make this year,” said a senior industry executive asking not to be named.

A second executive, who requested anonymity, said Apple instructed its local suppliers, Foxconn, Pegatron, and Wistron, to increase manufacturing capacities. “They’re adding assembly lines and manpower,” the executive said.

A senior government official said the Cupertino-based firm was in the process of increasing production capacities for the immediate term as well as establishing long-term plans in India. “India is being increasingly looked at as a player in the global value supply chain,” he said, without wanting to be named. Livemint