Is Apple switching from China to India?

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China is the production capital of the world. China’s economic missile is based on this fuel. The country has been criticised for its working conditions, but it still continues to be the destination for all MNCs. 

However, a recent announcement by Apple might change things for China. Apple has announced that it has communicated with the Chinese manufacturers that it is going to increase production outside China. 

Apple has also cited that India and Vietnam are its preferred new choices. This decision comes amidst strict authoritarian lockdown by the Communist government of China. 

The Covid and the strict lockdowns led to a huge dent in Apple’s earnings. On top of this, the company was also affected by the trade war between the US and China. 

As compared to China, India and Vietnam present a better alternative. Especially India which is touted to be China’s biggest competitor in the coming years. 

India’s economy dived during the pandemic, however as the lockdown rules were relaxed, the economy shot up. India is currently the fastest-growing major economy of the World. 

The decision by Apple is bound to hurt China. Apple is still the biggest US company with the majority of its production in China. Losing business with such a giant is good for no party.

The Wizard
Author: The Wizard

I write on a range of topics that includes Branding, Marketing, Acquisitions, Statistics and an especial emphasis on Domain Name. The opinions expressed may change from time to time as that is how a person and ideas evolve.

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The Wizard

I write on a range of topics that includes Branding, Marketing, Acquisitions, Statistics and an especial emphasis on Domain Name. The opinions expressed may change from time to time as that is how a person and ideas evolve.

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The Wizard

I write on a range of topics that includes Branding, Marketing, Acquisitions, Statistics and an especial emphasis on Domain Name. The opinions expressed may change from time to time as that is how a person and ideas evolve.