US President donald trump has once again warned apple, one of the world's largest technology companies, that if its mobile phones are not made in the US, then heavy taxes will be imposed on it. President trump has said that he wants that mobile phones sold in the US should now be made on US soil, not in india or any other country. He said that if this does not happen, he will consider imposing an import duty of up to 25 percent on all mobile phones made outside the US, including Apple phones.
Huge investment and expansion of employment in India
Apple's supplier company Foxconn has invested about Rs 20,000 crore in a factory spread over 300 acres in Devanahalli area of karnataka state of India. This factory is currently employing 8,000 people and by the end of the year the number of people working in it can reach 40,000. According to reports, india is moving towards becoming the world's largest mobile phone manufacturer by the end of 2025.
Changing local picture and new industrial energy
Mobile manufacturing in india has not only increased employment but has also boosted the local economy. Wages have increased by 10 to 15 percent around Foxconn's factory. At the same time, many local companies like Indo-Mim and Centum are playing an important role in the mobile manufacturing chain. This entire process has created a strong and self-reliant industrial system in India.
India has a lot of labor force, America does not
There is no shortage of youth with technical education in India. Every year thousands of youth graduate from technical institutes and are ready to work in the manufacturing sector. The population of karnataka state alone is equal to half the population of Vietnam, from which India's labor force can be estimated.
An industry expert named josh Folger said that they receive around 700 applications every year, which proves that there is no shortage of skilled people in India.
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