Apple Inc has just lately arrange its first subsidiary in India, named Apple Operations India. This transfer marks Apple’s first direct presence within the nation and is geared toward increasing its operational footprint past meeting and gross sales.
The subsidiary will give attention to analysis, design, testing, and offering assist to third-party producers.
Apple Operations India has laid important groundwork with capital work-in-progress price Rs 38.2 crore and stuck belongings of Rs 36.8 crore.
The entity will assist third-party producers and contractors by offering {hardware}, software program, and different providers.
In line with regulatory filings, the entity, amongst different issues, plans to obtain engineering tools, lease amenities, rent engineers for {hardware} growth, and supply failure evaluation providers to Apple’s group corporations.
The submitting signifies Apple’s strategic intent to deepen its operational presence in India past meeting and gross sales, doubtlessly involving {hardware} design and testing within the nation.
This growth is a part of Apple’s technique to diversify its manufacturing base past China and faucet into India’s expert engineering expertise.
The subsidiary might quickly play a job within the growth of Apple’s new merchandise, together with {hardware} design and testing, which might be a primary for India.
This transfer is a major step for Apple because it strengthens its presence in one of many world’s fastest-growing markets.
To recall, early final month it was reported that Apple is ready to reinforce its retail presence in India by opening 4 new shops by the top of 2025.