Apple Considers Bharat Forge for Component Manufacturing in India
– Apple is in talks with Bharat Forge for possible supply partnerships. – Bharat Forge may manufacture mechanical components for Apple.
– Apple is expanding its supplier network in India with three iPhone assembly plants. – Bharat Forge has expertise in automotive, aerospace, and defense industries.
– Apple’s local value addition in India has reached 20%. – More Indian suppliers are expected to join Apple’s network next year.