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Apple created 1 lakh jobs with this government scheme, defied layoffs

Apple Jobs: The three vendors assembling the iPhone – Foxconn Hon Hai, Pegatron and Wistron together have created 60 per cent of the 1 lakh jobs. The government’s Production Linked Incentive (PLI) scheme played an important role in this.

Apple PLI Scheme: giant tech company apple It has become the largest employer in the electronics sector. It has created 1 lakh new jobs in the last 19 months. Apple’s vendors and their components suppliers in India have given employment to people on a large scale. According to reports, the government’s Smartphone Production Linked Incentive (PlI) scheme gave Apple iphone Helped to create. Amidst the ongoing layoffs in the tech sector, this scheme of the government has helped in increasing jobs. The special thing is that a large part of the new jobs have been created in the last 19 months.

The three vendors that assemble Apple iPhones in India – Foxconn Hon Hai, Pegatron and Wistron – together created 60 per cent of the new jobs. This is roughly more than his second year’s commitment to create jobs under the scheme with 7,000 new jobs.

These companies also included

The remaining 40 per cent jobs have been created by Apple’s entire ecosystem, which includes suppliers of components and chargers. These suppliers have reportedly created 40,000 jobs separately and include names like Tata Electronics, Salcomp, Avary, Foxlink, Sunwoda and Jabil.

The data is based on three vendors and companies involved in the Apple ecosystem, who are required to regularly file employment numbers with government authorities.

they gave the most jobs

Of the one lakh jobs, Tamil Nadu-based Foxconn, which primarily makes iPhones, created 35,500, or more than a third. Starting its production this year, Pegatron, which is also in Tamil Nadu, has become the second largest employer with 14,000 jobs. Wistron based in Karnataka has created 12,800 jobs.

According to the India Cellular and Electronics Association, the total number of direct and indirect jobs created by mobile device manufacturers and their suppliers in seven years is about 2 million.

Apple became the largest exporter

Apple is the first company to export iPhone worth more than $ 1 billion (about Rs 8,267 crore) within a month in December 2022. It exported more than Rs 30,000 crore in the nine-month period of April-December 2022. This was about 40 percent of the value of the total smartphones exported from the country.

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