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The investment in Indian unit has been long time coming. India has a strict policy on imported phones. Xiaomi, which is nearly the market leader in India has be
by thisisit 8y ago
The investment in Indian unit has been long time coming. India has a strict policy on imported phones. Xiaomi, which is nearly the market leader in India has been doing it for a long time:
https://www.indiatoday.in/technology/news/story/xiaomi-now-has-6-smartphone-manufacturing-plants-in-india-will-also-make-pcbas-locally-1207974-2018-04-09 https://www.indiatoday.in/technology/news/story/xiaomi-now-h...
Apple had lobbied hard against these rules but given that "Made in India" platform had be one of the bedrock policies of Prime Minister Modi, this was going to be an uphill battle.
That said, I might be pessimistic but I don't see this changing Apple's fortunes in India.