After the iPhone, the Apple Watch Might Soon be “Assembled in India”
Narendra Modi’s Make in India campaign is growing at a steady pace. After companies like Celkon, one of the leading cell phone players and Mercedes-Benz have set up their manufacturing plants on Indian soil, Taiwan’s Quanta Computer Inc has commented saying that they are considering establishing their manufacturing plant in India. Quanta Computer Inc is one of the top laptop makers and assembly plant of Apple’s high-tech Apple Watch.
Quanta Vice President, C.C. Leung, said that the senior officials are gathering materials for evaluation and are considering the idea.
After Foxconn, Quanta is the largest maker of iPhones and iPads for Apple. Foxconn Technology, which is one of the world’s largest contract manufacturers of electric products, is trying to develop 10-12 facilities in India, including factories by 2020. The Taiwan-based tech giant said that the company is in talks to manufacture Apple iPhones in India. The move would help Foxconn decrease stimulating labour costs in China, possibly lower prices for iPhones sold in India and transfer the site of the manufacturing assembly closer to its buyers in the world’s third-largest smartphone market.
Quanta Inc has no present investment plans for now. Leung is examining several considerations like transportation convenience and access to ports in India. But, we hope for the best, as the initiative looks promising. It is understandable that many more companies will join in soon; creating job opportunities and improving the overall economic well-being of the masses.
‘Make in India’ is an initiative that was started back in September 2014 by the Prime Minister of India, Narendra Modi. The primary objective of this initiative is to create manufacturing firms within India to create more job opportunities and enhance the skills of the people of India across different sectors like automobile, aviation, biotechnology, defence manufacturing, mining, oil and gas, ports, railways, textile and much more. With this initiative, the Government of India hopes to bring in high-quality standards and minimise the impact on the environment.
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