Apple is gearing to increase its workforce strength in India to five lakh over a period of three years or so. It is pertinent to mention here that India is on its way to becoming one of Apple’s biggest markets thanks to its growing middles class with their increasing ability to spend.
The company that manufactures iPhones already has about 1.5 lakh people working for its vendors and suppliers. In fact, the maximum number of these workers are employed by Tata Electronics, which operates two Apple plants.
The company is reportedly working to increase production. Its exports from India have gone up to an overwhelming $12.1 billion in FY 2023-24 from an earlier $6.27 billion in the previous financial year, which is a huge improvement as per reports. This is not really surprising, because now, Apple manufactures around 14 per cent of its iPhones in India. This figure may go up to 25 per cent soon with Apple expanding rapidly in the country.
Recently, Apple was in the news for its initiative to address the residential needs of factory workers. As part of the initiative Apple aims to erect over 78,000 housing units, with Tamil Nadu slated to receive the lion’s share of 58,000 units. The move will be especially beneficial for the women migrant workers, a significant portion of whom belong to the 19-24 age bracket.
