12 july 2019
Apple's India-made top-end iPhones to hit stores next month
Read more at:
//https://lnkd.in/f2qKmWg
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Let no one ask the definition of " India Made " !
Most likely arriving from Foxcon ( China ), in CKD condition and put together ( assembled ) in some Indian factory, using " Screw Driver Technology " !
No Phased Manufacturing Program ( PMP ), stipulating ever increasing " value addition " ( local manufacture / local sourcing of components ), reaching 95 % in 3 years ?
So much for those 135 + Mobile Phone factories which have come up in past 4 years !
And isn't the story same in case of Electric 2 Wheeler being imported from China in lakhs and sold locally ?
But, at least , in case of EV , there is a strong justification why we cannot wait another 5 years for development of local manufacture . We need to reduce air pollution, NOW !
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