“Apple’s ‘Make in India’ success: Exceeds PLI target by producing iPhones worth over Rs 1 lakh crore in Bharat”, Swarajyamag, March 22, 2024:
“In a significant achievement, AppleĀ , along with its three contract manufacturers, have reached a new milestone by producing iPhones worth over Rs 1 trillion in the first 11 months of the current financial year (2023-24).
Surpassing its target two years ahead of schedule, the tech giant has also exceeded its third-year target by 33 per cent.
Under theĀ PLI scheme, each of Apple’s suppliers was mandated to produce phones worth a minimum of Rs 15,000 crore to claim incentives……”
Read the full article at Swarajyamag.com
