- The enthusiasm for Prime Minister Narendra Modi’s gambit to spur production is striking after years of false starts to find India space on the world’s factory floor.
- The Swiss bank expects India’s share of Apple’s global supply chain will grow from almost zero to as much as 30% within two to three years, starting with the iPhone.
- Given India is a tiny end market for Apple, their applications suggest India can move beyond assembly of low value models to making higher-value products.
- Such cells will power vehicles like those churned out of Ola’s new Future Factory.
[Via]
