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Apple set to open its 4th iPhone factory in India in a China+1 strategy

Apple is set to get its fourth manufacturing facility in India with the Tata Group reportedly planning a new factory that will manufacture iPhones, a move that aligns with Apple’s strategy of accelerating its supply chain in India.

The new factory, according to a Bloomberg report that cites unnamed sources, is expected to have 20 assembly lines and employ 50,000 staffers within two years of being operational.

The sources further said that the group plans to make the factory operational in the next 12 to 18 months.

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Source:: Computerworld

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