Apple Vendor Looks to Shift Production Lines to India, TOI Says
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An Apple Inc. vendor is looking at shifting six production lines to India from China which may result in $5 billion of iPhone exports from the South Asian nation, The Times of India reported, citing people familiar it didn’t identify.
The establishment of the facility will create about 55,000 jobs over a year or so, according to the newspaper, which did not name the Apple vendor. It will also cater to the domestic market and expand operations to include tablets and laptops, the newspaper reported.