According to a recent rumour, India may soon begin producing Apple MacBooks. The Product-Linked Incentive Scheme now covers 20,000 Crore by the Government of India. There is currently no schedule for when manufacturing will begin.
According to a report in the Times of India, India may soon become the primary supplier of Apple MacBooks. The Production-Linked Incentive (PLI) scheme’s overall budget for the IT hardware industry is also expected to be increased by the government to 20,000 crores. The incentive programme now has a budget of 7,380 crores. The Government of India undoubtedly wants to improve the manufacturing environment in the nation, notably for Apple goods, keeping in mind Apple’s “China-plus-one plan.”
“We have had success with the iPhone manufacturing since Apple’s leading companies, Foxconn, Wistron, and Pegatron, are now producing devices in the nation valued at billions of dollars. Our next goal is to establish MacBook and other product production facilities in India,”
GOVERNMENT TO INCREASE INCENTIVE SCHEME FOR IT HARDWARE SECTOR
The new policy will undoubtedly encourage corporations to invest and also make in India, according to TOI after quoting a source. “We feel the prior scheme was not adequate to meet the disability that companies would have if they made in India,” the publication claimed.
The government believes that by allowing other IT titans to expand their manufacturing operations in India, India may become a “global manufacturing powerhouse.”
These are large corporations that must provide services to international markets. We are convinced that an improved and friendlier programme would provide benefits in the IT hardware since India’s eco-system is steadily growing as a result of the PLI initiatives, a source said.