As Apple suppliers expand investments in India, Wistron is reportedly winding down its operations there. Micron is also reportedly applying for India s semiconductor fab incentive scheme.
Apple CEO inaugurated retail stores in India, eyeing India s huge and rapidly-increasing market. Foxconn acquired land in Telangana to expand its Indian investments.
As India is waiting for the first two Apple Stores to be opened in India this week, it is estimated that Apple has become India s largest mobile phone exporter in India.
Apple is reportedly eyeing to build India a major iPhone production hub. India s electronics manufacturers are emerging with the developing manufacturing ecosystem.