Apple to ramp up production in India, set to hire 5 lakh employees in next 3 years

Apple is gearing up for a significant expansion in its operations within India, with plans to bolster its production capabilities and substantially increase its workforce in the country. Sources within the government as per PTI disclosed that the tech giant aims to employ approximately 500,000 individuals from India over the next three years, a substantial surge from the current 150,000 employees already engaged in its operations, primarily through Tata Electronics' two manufacturing plants.

"Apple is accelerating its recruitment efforts in India. Conservatively, it is projected to hire half a million people over the next three years through its network of vendors and component suppliers," shared a senior government official with PTI.

The company is eyeing a five-fold expansion in production, with a target to ramp up its output to around USD 40 billion over the next four to five years. This move follows a successful year for Apple in 2023, where it achieved its highest revenue in India to date, according to a Counterpoint Research report.

Notably, the company witnessed a remarkable surge in iPhone exports from India, doubling to USD 12.1 billion in the fiscal year 2023-24 from USD 6.27 billion in the previous year, reflecting a nearly 100% increase, as reported by The Trade Vision.

In addition to its commercial endeavors, Apple is doubling down on its commitment to sustainability in India. Recently, the company announced a collaboration with Mumbai-based solar energy solutions provider, CleanMax, to invest in six rooftop solar projects across India. These projects, expected to generate a combined output of 14.4 megawatts, will power Apple's offices and stores, aligning with its green initiatives in the region.