business ๐ฎ๐ณ Apple, Google set to boost India manufacturing
Union Minister Ashwini Vaishnaw stated the government expects Apple to increase its manufacturing in India beyond just iPhones. Furthermore, Google might shift much of its export-oriented Pixel production from China to India. A new Mobile Phone Manufacturing Scheme worth โน62,500 crore was notified, effective from FY27 to FY31. This move supports India's goal of deeper component-level production and domestic value addition. The country currently sees 99.2% of mobile phones used domestically manufactured within India.