Salcomp, an Apple supplier, announced that it would double its workforce in India to 25,000 over the next three years.
Sasikumar Gendham, managing director of Salcomp Manufacturing India, in a statement to Reuters, said, “China Plus One strategy is at its peak at this moment … The whole supply chain is now kind of looking at an alternative. And India is poised to be one of the best alternatives.”
“It’s time to really diversify and decluster supply chain beyond China,” he added.
Salcomp is one of Apple’s major charger suppliers. Around 12,000 people are employed by Salcomp in Chennai, with 85% being women. It agreed in 2019 to acquire a facility in Chennai, southern India, which formerly belonged to Finnish telecom equipment maker Nokia, and it started operations there in 2020.
Currently, iPhones are assembled in India by at least three of Apple’s global suppliers: Foxconn and Pegatron in Tamil Nadu; and Wistron in nearby Karnataka state.