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Top related persons:
Willy Shih - 2 Narendra Modi - 1 ” - 1 Eswar Prasad - 1 Modi - 1 Prasad - 1 Ludovic Marin - 1 Mukesh Ambani’s - 1
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3 mentions found


☆ Indian economy regains its swagger as China stumbles
  + stars: | 2023-11-03 | by ( Diksha Madhok | ) edition.cnn.com   time to read: +9 min
New Delhi CNN —India’s economy is like an elephant. India’s economy is currently worth nearly $3.5 trillion, making it the world’s fifth largest. “India’s economy is comfortably placed to grow at an annual rate of at least 6% in the coming few years,” Barclays said. But even as India’s heft is increasing, it is far from recreating the economic miracle China unleashed decades ago. It will, no doubt — though it won’t be enough to shield the world economy should China’s economy stumble badly,” they added.
Persons: Narendra Modi, ”, Eswar Prasad, Modi, Prasad, Ludovic Marin, Mukesh Ambani’s, Gautam Adani’s, Willy Shih, Frederic Neumann, Justin Feng Organizations: New, New Delhi CNN, Economic, Cornell University, International Monetary Fund, China, Barclays, IMF, ” Barclays, Hindustan Times, Modi, bonanza, Unified, Bharat, Getty, Bank, Mukesh Ambani’s Reliance Industries, Apple, Harvard Business School, HSBC Locations: New Delhi, India, Switzerland, Davos, ”, ’, China, ” New Delhi, Sewri, Mumbai Bhushan, AFP, Beijing, Washington
☆ What Apple's big bet on India means for the tech giant's future
  + stars: | 2023-07-07 | by ( Anuz Thapa | ) www.cnbc.com   time to read: +2 min
It took seven years for Tim Cook to visit India again after traveling to the fast-growing country in 2016. That year, about 3.5% of the world's iPhones were made in India. "Without that broader supply base, they had production shortfalls which impacted their sales, which they might not have suffered as much had they had multiple sources." Moving more iPhone manufacturing from China to India sounds like a good idea on paper. Watch the video above to find out why Apple is betting on India and the challenges it faces as it slowly shifts its manufacturing base from China to India.
Persons: Tim Cook, Angelo Zino, Apple, Willy Shih Organizations: Apple, New, CFRA, Harvard Business School Locations: India, New Delhi, Mumbai, China
☆ Is the iPhone's 'Made in India' era beginning as Apple breaks with China?
  + stars: | 2023-02-10 | by ( Diksha Madhok | ) edition.cnn.com   time to read: +9 min
Minister of Commerce and Industry Piyush Goyal said Apple was already making between 5% and 7% of its products in India. His comments come at a time when Foxconn (HNHPF), a top Apple supplier, is looking to expand its operations in India after suffering severe supply disruptions in China. For years, Apple had relied on a vast manufacturing network in China to mass produce iPhones, iPads and other popular products. China headaches mountBut the world’s most valuable company posted shockingly weak earnings this month, partly because of its recent problems in China. According to Counterpoint’s Pathak, India accounts for 16% of the global smartphone production, while China constitutes 70%.
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