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Apple vendor looking to shift production to India: Report


New Delhi: China has attracted a lot of negative attention and sentiment from the rest of the world recently due to the Coronavirus crisis. Amidst a situation like this, several companies are looking to relocate out of China. An Apple vendor is reportedly looking to move from China and India.

As per a recent ToI report, a contract manufacturer for tech giant Apple is shifting six production lines to India. The vendor is also looking to export around $5 billion worth of iPhones from India. The relocation from China is an effort to derisk manufacturing bases by diversifying supply chains ...


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