On Monday, Apple’s supplier Salcomp announced plans to more than increase its workforce in India to over 25,000 within the next three years.
While speaking with Reuters, Salcomp Manufacturing India MD Sasikumar Gendham remarked “The China Plus One plan has reached its pinnacle… Each link in the supply chain is beginning to consider an alternate strategy. Additionally, India is positioned to be a top-tier option.” Besides, he said, “it is time to properly diversify and declutter the supply chain beyond China.”
Salcomp Has Big Plans For Its Indian Plant
A significant number of Apple chargers come from Salcomp. About 12,000 individuals work for Salcomp in Chennai, with 85 percent of those workers being women. In 2019, it signed a deal to begin operating out of a building in Chennai, India that had previously been used by Nokia, a Finnish telecom equipment manufacturer.
Gendham reported hearing this from a firm in Finland. At now, three of Apple’s worldwide suppliers—Foxconn in Tamil Nadu, Pegatron in neighboring Karnataka state, and Wistron in southern India—assemble iPhones in India. The Salcomp facility in Chennai is presently home to over 12,000 workers.
Foxconn reportedly has plans to treble the workforce at its iPhone plant in India over the course of two years, according to a Reuters article from last year. JP Morgan analysts predicted in 2022 that Apple might produce one in four iPhones in India by 2025 and that the company would increase the percentage of its goods made outside of China to 25% by 2025 from the current 5%.