US-based electronics giant Apple is set to generate up to 200,000 direct jobs by the end of the current fiscal year, a report has revealed.
The iPhone-maker claims that the new jobs will indirectly lead to the creation of 400,000 more jobs, taking the contribution of its entire operations to the job pool to 600,000.
It said that it will create 200,000 direct jobs by the end of March, with 70 of the lot being held by women.
According to Economic Times, Apple's three contract manufacturers in India — Foxconn, Wistron (now Tata Electronics), and Pegatron — have already created 80,872 direct jobs.
In addition, the company's supplier network, which comprises the Tata Group, Salcomp, Motherson, Foxlink in Tamil Nadu, Sunwoda in Uttar Pradesh, ATL in Haryana, and Jabil in Maharashtra, has collectively generated around 84,000 direct jobs.
"Overall, Apple vendors and suppliers have created around 165,000 direct jobs since the inception of smartphone PLI (production-linked incentive) scheme (in 2020)," an official said, according to ET.
Apple has consistently ramped up its production in India since 2021, when it set foot in the country's manufacturing sector.
The latest Economic Survey said that India contributes 14 per cent of Apple's production – up from seven per cent in financial year 2023-24.
Production of the latest series of iPhones is scheduled to begin in October.
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