November 5, 2023
2 mins read

Global Tech Giants Flock to India for Manufacturing

Apple has been assembling iPhones in India, a strategy that has proven mutually beneficial. This localization not only enables Apple to meet local demands efficiently but also mitigates the impact of import duties…reports Asian Lite News

In recent times, India has been making significant strides in the global tech manufacturing arena, with the introduction of Google’s Pixel 8 manufacturing in the country. This development marks a pivotal moment in India’s journey toward becoming a top-notch manufacturing hub for cutting-edge mobile technology, The Washington Times reported.

Google’s move aligns seamlessly with the broader trend of global tech giants, including Apple and Samsung, expanding their manufacturing operations in India, solidifying the nation’s role in the global supply chain.

For instance, Apple has been assembling iPhones in India, a strategy that has proven mutually beneficial. This localization not only enables Apple to meet local demands efficiently but also mitigates the impact of import duties. Similarly, Samsung has established the world’s largest mobile phone manufacturing facility in India, showcasing the nation’s capacity to cater to the production needs of global tech giants, The Washington Times reported.

Alphabet Inc’s Google decision to manufacture its flagship Pixel 8 smartphone in India underscores the growing allure of the country as a manufacturing destination. Google has emphasized India as a priority market for Pixel smartphones, expressing its commitment to delivering the best of its hardware and software capabilities to the Indian populace. This move by Google is part of a broader shift in the global supply chain dynamics, particularly from China to India.

The transition in supply chain dynamics is evident, with a report revealing a remarkable 400% increase in U.S. and European greenfield investment in India between 2021 and 2022, while investments in China decreased significantly during the same period. India is positioning itself as an appealing alternative for sourcing due to disruptions caused by policies like China’s Belt and Road Initiative, which has led to a shift that could potentially cost the Chinese economy trillions by 2030.
In contrast to China, India’s democratic environment provides a stable and trusted setting for global supply chains. The involvement of tech giants such as Apple, Google, and Samsung in India’s manufacturing landscape is a clear endorsement of the nation’s emerging prominence in high-quality tech manufacturing. The ‘Make in India’ initiative is acting as a catalyst, opening doors for these tech giants to explore the myriad opportunities India offers, The Washington Times reported.

The resonance between India’s manufacturing capabilities and global tech giants not only enhances the country’s economic prospects but also solidifies its strategic position in the global supply chain. It’s a mutually beneficial scenario where companies can leverage India’s skilled workforce and favourable policies, while India benefits from technological advancements and economic investments.

As India continues on this trajectory, the ripple effects are expected to reverberate through the global supply chain, heralding a new era of high-quality tech manufacturing firmly rooted in Indian soil. Google Pixel 8’s manufacturing journey is just the beginning of the monumental shifts awaiting the horizon of global tech manufacturing, The Washington Times reported. (ANI)

ALSO READ-Philippines Scraps China’s BRI Projects

Previous Story

Obama Condemns Israel-Hamas Conflict, Blames Social Media

Next Story

Scindia Mocks Congress as ‘Engine-Less’ Government in MP

Latest from -Top News

Pakistan on the Brink: War, Weakness, Woes

The reason behind growing anxiety and consternation in Islamabad is the depleting reserves of its military’s artillery and ammunition and also a ruined economy…reports Asian Lite News As the tensions between India

UNSC Convenes Over India-Pak Crisis

Pakistan is currently an elected member of the Council and will participate in the meeting….reports Asian Lite News The United Nations Security Council (UNSC) will be holding a closed-door meeting on Monday

SYRIA RAIDS: Arab League Slams Israel

The Arab League condemned the airstrikes and called on the international community and the United Nations to confront what it described as “repeated violations committed by Israel against the Syrian state.” The

Singapore’s Ruling Party Achieves Landslide Victory

Prime Minister Lawrence Wong, whose party won the election, thanked supporters.,..reports Asian Lite News Singapore’s ruling People’s Action Party (PAP) won 87 of the 97 seats in Parliament in Saturday’s general election,

Jaishankar, Lavrov Discuss Pahalgam Terror Attack

Both the Ministers discussed issues of Russian-Indian cooperation and the aggravation of India-Pakistan relations following the terrorist attack in Pahalgam. External Affairs Minister (EAM) S. Jaishankar spoke to the Russian Foreign Minister
Go toTop

Don't Miss

Rahul demands Adani’s arrest 

Speaking after the Lok Sabha session was adjourned over the

At Davos, ‘India First’ approach takes centrestage    

India has sent its largest-ever delegation to the World Economic