India Economy Thread

Tactical and Combat Support Vehicles​

Tata Advanced Systems has been supplying Military All Wheel Drive Trucks to Indian Armed Forces since 1958. These vehicles have been inducted after rigorous trials and evaluation. Tata Advanced Systems is continuously building and upgrading platforms in 4x4, 6x6, 8x8, 10x10 & 12x12 configurations incorporating high mobility and versatility to suit strategic Defence applications such as Load Carrier Vehicle, Command Control, Command Post, Radar & Replenishment and other combat support roles. Fully built solutions have been exported to SAARC, ASEAN, African nations and UN peacekeeping forces.

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Apple talks to over 40 Indian firms for component supply chain as China allies step back​



Indian media has revealed that Apple is in talks with more than 40 firms in the region to become component suppliers for devices including the iPhone, ahead of a Trump administration applying tariffs to Chinese imports.


Tariffs that are notionally applied to a country are paid by the US firm importing the goods. Consequently any China tariff would raise the cost to Apple of importing iPhones, and consequently the price of iPhones would increase steeply.
According to Indian publication MoneyControl, however, Apple is working to circumvent the issue by replacing China with more suppliers within India. Apple is reportedly in talks with over 40 suppliers, ranging from major technology firms and large conglomerates, to IT companies and electronics manufacturing service (EMS) providers.
"The activity is on for some time at a larger level. Apple has a big team that has been discussing with Indian companies, including large conglomerates," an unspecified source told the publication. "They have met all large EMS companies in India, including Dixon and Amber. They are also talking to some global players."
 
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Indian media has revealed that Apple is in talks with more than 40 firms in the region to become component suppliers for devices including the iPhone, ahead of a Trump administration applying tariffs to Chinese imports.


Tariffs that are notionally applied to a country are paid by the US firm importing the goods. Consequently any China tariff would raise the cost to Apple of importing iPhones, and consequently the price of iPhones would increase steeply.
According to Indian publication MoneyControl, however, Apple is working to circumvent the issue by replacing China with more suppliers within India. Apple is reportedly in talks with over 40 suppliers, ranging from major technology firms and large conglomerates, to IT companies and electronics manufacturing service (EMS) providers.
"The activity is on for some time at a larger level. Apple has a big team that has been discussing with Indian companies, including large conglomerates," an unspecified source told the publication. "They have met all large EMS companies in India, including Dixon and Amber. They are also talking to some global players."

Yah the specific propensity for this (movement of capital) will depend on the tariff differential US elects for w.r.t PRC compared to India, Vietnam etc.
 
Yah the specific propensity for this (movement of capital) will depend on the tariff differential US elects for w.r.t PRC compared to India, Vietnam etc.

Apple was planning to diversify independent of Trump.
It is 10% for now.
 

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=> Mahindra Armado | India's first indigenous ALSV | First Drive Review | evo India

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Apple's $100M Investment Rejected, Indonesia Slams iPhone 16 Sale Ban​


Indonesia has turned down Apple's (AAPL, Financial) $100 million investment plan to lift the ban on the iPhone 16. The Ministry of Industry revealed that Apple's offer fails to meet local content policy, especially the rule requiring 40 percent of the phone's parts to come from Indonesia. Apple initially expected foreign investment to enable it to sell the iPhone 16 domestically. Still, Indonesia's government has stressed that technology companies must make more production investments, such as establishing production centers or factories.

 
Apple to export more than 12 Billion $ from India for this Financial year.

Apple’s India exports hit record $7 billion in 7 months


Breaking all previous records of smartphone exports, Apple’s iPhone exports touched Rs 60,000 crore, or around $7 billion, in the first seven months (April-October) of the current fiscal. This translates into an average of $1-billion exports per month....
 

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