Apple is in talks with Wipro Enterprises and Lakshmi Machine Works (LMW) to onboard them as suppliers for its Indian supply chain.
This move reflects Apple’s push to strengthen its presence in India, according to The Economic Times (ET).
A source said Apple is in advanced discussions with Wipro Enterprises and in early-stage talks with LMW.
Both companies may supply parts and components for Apple’s supply chain.
Apple has already partnered with Tata Group, Motherson Group, Aequs, and Bharat Forge for its supply chain.
Now, adding Wipro and LMW will help Apple reduce logistical risks and lower operational costs.
Dhruv Shekhar, senior associate at Koan Advisory Group, said Apple’s strategy will enhance supply chain resilience. He added that Apple’s partnerships with Indian suppliers signal a deeper commitment to the Indian market.
By working with local suppliers, Apple aims to cut supply chain costs and improve efficiency.
This shift reflects Apple’s effort to reduce dependence on China amid ongoing trade tensions.
The Indian government plans to introduce an incentive scheme for electronic components.
This could encourage Apple to deepen local ties and boost domestic production.
Apple’s decision to engage Indian suppliers aligns with the government’s push to make India a global electronics manufacturing hub.
Partnering with Indian firms will help Apple streamline production and adapt to supply chain disruptions.
Apple’s increasing focus on local suppliers marks a strategic shift. Strengthening ties with Indian firms will reduce business costs and enhance supply chain flexibility.
Industry experts believe Apple’s move will drive technological and financial growth for Indian suppliers.
This strategy positions India as a key player in Apple’s global supply chain.
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