Prime Minister Narendra Modi with Minister Ravi Shankar Prasad.
Tech giant Appleâs vendors have hired 20,000 new employees ever since the central governmentâs Rs 40,000 crores production-linked incentive (PLI) for smartphones became operational in August 2020.
The companyâs two major contract manufacturers, i.e. Foxconn and Wistron, have already met and surpassed the year one (FY21) investment target of Rs 250 crore each and also recruited 7,500 new workers each in the last 10 months.
Moreover, other Apple vendors such as Salcomp, Sunwoda and Foxlink are also believed to have employed another 5,000 individuals in order to augment the manufacturing capacity of the two aforementioned contractors.