-By ArdorComm News Network
November 18, 2021
Apple Inc., one among the world’s most valuable companies with a market cap of over $2.5 trillion, said it already supports around one million jobs in India, both directly and indirectly, and is investing significantly to develop its operations further in the country and engage with more suppliers.
The company said its estimates of employment in the country include its own employees, developers of apps for its iOS ecosystem, and workers with its supplier partners who support its manufacturing operations for several models of its flagship product, the iPhone, in the country today.
Apple has been operating in India for more than two decades, and in 2017, we began manufacturing iPhones at a facility here in Bengaluru. Since then, we’ve expanded to Chennai, manufacturing several iPhone models for the domestic market and for export, said Priya Balasubramaniam, VP of operations at Apple.
Balasubramaniam, who is a native of Bengaluru and lived in the city before moving to the US to pursue higher education, told audiences at the Bengaluru Tech Summit on Thursday that, “Today, Apple supports around 1 million jobs in India from our own employees to the fast-growing iOS app economy to our work with supplier partners.”
Unfolding about the views of Apple in India she mentioned that the company is looking to open physical retail stores after making available its entire range of products to customers in India through its online storefront last year. She also mentioned that Apple views India can play a role in the transformation of the manufacturing sector that is unfolding globally.
“Our manufacturing operations in India achieved the goal of zero waste to landfill very quickly, and went further by talking the learnings of waste reduction into local communities where employees live. In India, our suppliers achieved a record for gaining platinum Zero Waste certification, seven suppliers in just six months,” she added.
Source: Indian Express