Donald Trump 'interested' in India for iPhone production but Apple will not move company Business News

Following US President Donald Trump’s remarks about the fact that Apple should stay from India for its production business, the smartphone manufacturer allegedly assured New -Delhi that he had the Indian operations intact. US President Donald Trump said on Thursday he asked Tim Cook, CEO of Apple Cook, to terminate his iPhone manufacturing business in India. Trump, who is in his second term as president at local manufacturing, said Apple said that Apple ‘will increase their production in the United States’. “I had some problem with Tim Cook yesterday,” Donald Trump said of his conversation with the CEO of Apple in Doha. “I told him, Tim, you are my friend. I treated you very well. You come with $ 500 billion (investment). But now I hear that You are building all over India. I don’t want you to build in India if you want to take care of India. ‘ Apple now produces no smartphone in the US. China is the largest manufacturer of iPhones, while facilities in India produce about 40 million units a year (about 15 percent of Apple’s annual production). Apple assures New -Delhi shortly after Trump’s comments in Doha, Qatar, the Indian government officials spoke to Apple drivers, assuring that Apple’s investment plans for India are intact, and the company suggests that the country makes an important manufacturing base for its products, according to a PTI report. While Apple does not respond to an email sent for comment, sources cited by the news agency said that Indian officials talked to the Cupertino firm managers about Trump’s statements. “Apple said its investment plans in India are intact and that it continues to have India as an important manufacturing base for its products,” the source said by PTI. Cheaper competent labor and availability of precision -designed product supply chains has driven Apple to China and India for the manufacture of iPhones. US labor and manufacturing in comparison is expensive. Trump suggested that Apple could make its products in India for the Indian market. But in India sold in the US, should stop. “You can build in India if you will, to take care of India.” Cook previously said that Apple will acquire the majority of iPhones sold in the US in the June quarter, while China will produce the vast majority of devices for other markets amid uncertainty about rates. India-made iPhones is compiled in Taiwanese contract manufacturer Foxconn’s factory in Tamil Nadu. Tata Electronics, who runs the activities of Pegatron Corp. India, is the other key manufacturer. Tata and Foxconn build new plants and add the production capacity to increase iPhone production. Apple has compiled 60 percent more iPhones, an estimated $ 22 billion, in India in the year ended 31 March. Foxconn also started producing Apple Airpods in Telangana for export.