- Ravi Shankar Prasad said that Apple is investing extensively in India
- Apple’s nine operating units have shifted from China to India
- Manufacturing world is looking for alternative destinations
Central IT and Communications Minister Ravi Shankar Prasad said today that the US tech giant Apple is investing extensively in India. He said that Apple’s nine operating units have shifted from China to India during the Corona period. These include component manufacturing units. Prasad said this while addressing the 23rd edition of the Bangalore Tech Summit virtually.
He said that the manufacturing world is exploring alternative destinations. “In view of the tremendous success in the efforts to accelerate mobile manufacturing, we brought a big idea of Production Linked Incentive (PLI),” he said. The Union minister had earlier claimed that Samsung, Foxconn, Rising Star, Wistron and Pegatron are filing applications under the PLI scheme.
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What did Modi say
Inaugurating the summit, Prime Minister Narendra Modi said that the Kovid-19 epidemic has shown the power of technology and Indians have adopted it with ease. Lockdowns and restrictions on travel kept people away from work, but technology made it easier to work from home. This process of adopting technology will continue in the coming days. He said, ‘People do their best in challenges. Perhaps it is relevant to tech professionals in India. When the customer is in demand or there is a deadline, you must have noticed that the best solution comes out.
Production linked incentive scheme
It is noteworthy that the government launched the Production Linked Incentive Scheme (PLI) to woo foreign electronic companies. So far, many foreign companies have applied to come to India to produce mobile production and parts under this scheme. The government has recently expanded the scope of the scheme to include 10 new sectors.