India Business News: Apple's ecosystem in India, having created 150,000 direct jobs, is now focusing on residential facilities for factory employees under a public-private
Government officials told ET that Apples contract manufacturers and suppliers, including Foxconn, Tata and Salcomp, are planning homes for their employees. These are being built under a public-private partnership scheme in the largest such private sector initiative. Over 78,000 units are to be constructed under the scheme, of which Tamil Nadu will get the maximum of about 58,000 units.
Apple's contract manufacturers and suppliers, including Foxconn, Tata and Salcomp, are planning homes for their employees, Apple Planning To Provide Residence To India Employees, To Build 78,000 Homes: Report
This story was first published on the Benzinga India portal. In an unprecedented move in India's private sector, Apple Inc. (NASDAQ: AAPL) and its suppliers, including Foxconn, Tata Group, and Salcomp, are planning to build employee residential facilities, according to an ET report. This initiative echoes industrial housing models prevalent in China and Vietnam. The project aims to construct over 78,000 housing units under a public-private partnership. Tamil Nadu, a state in southern India, will