Looks like Apple is pulling back substantially - from the Economic Times:
Apple may take a bigger bite of India's manufacturing pie
Several meetings between Apple's senior executives and top ranking government officials over the last few months have paved the way for the iPhone maker examining the possibility of shifting nearly a fifth of its production capacity from China to India and scaling up its local manufacturing revenues, through its contract manufacturers, to around $40 billion over the next five years, say officials familiar with the matter.
If this happens, iPhone maker could become India's largest exporter, say experts.
"We expect Apple to produce up to $40 billion worth of smartphones, mostly for exports through its contract manufacturers Wistron and Foxconn, availing the benefits under the production-linked incentive (PLI) scheme," a senior government official told ET.
Good move - India is a lot friendlier to the rest of the world than China. Nice to see them being rewarded economically for this friendship. China is building its military, India is building factories.
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