Apple targeting to raise India production share to 25%: Piyush Goyal

NEW DELHI (Reuters) - Apple Inc wants India to account for up to 25% of its production from about 5%-7% now, the trade minister told a conference on Monday.

"Apple, another success story," Piyush Goyal said. "They are already at about 5-7% of their manufacturing in India. If I am not mistaken, they are targeting to go up to 25% of their manufacturing. They launched the most recent models from India, manufactured in India."

 

(Reporting by Shivangi Acharya, writing by Sudipto Ganguly; Editing by Krishna N. Das)