After Donald Trumps Advice To Tim Cook, Will Apple Change Its India Investment Plans?

New Delhi: During a up to date discuss with to Qatar, U.S. President Donald Trump published that he urged Apple CEO Tim Cook to chop down on iPhone manufacturing in India and shift extra production to the U.S. While Trump’s remarks stirred hypothesis, media studies recommend that Apple remains to be going forward with its India funding plans, together with a big production enlargement.

Apple executives have confident Indian executive officers that the corporate’s funding plans stay unchanged and that India will proceed to be a key production hub for Apple, as according to media studies.

Earlier on Thursday, U.S. President Donald Trump stated he advised Apple CEO Tim Cook he does now not need him “building in India” and that “India can take care of themselves.” The remarks had been made throughout a industry discussion board in Qatar, the general prevent of Trump’s three-nation excursion of West Asia. “I said to him, ‘my friend, I am treating you very good. You are coming up with $500 billion… but now I hear you are building in India. I don’t want you building in India. You can build in India… because India is one of the highest tariff nations in the world, so it is very hard to sell in India.”

Trump later claimed that Apple, one of the vital international’s most respected firms, would transfer its factories again to the U.S. However, Apple has now not made such a announcement. While the corporate had pledged to take a position 500 billion greenbacks in U.S. production, in truth transferring large-scale manufacturing isn’t that easy. Rebuilding provide chains sufficiently big to enhance the just about 76 million iPhones bought within the U.S. in 2024 can be a big problem.

India was once a few of the first international locations to start industry talks with the U.S. following Prime Minister Narendra Modi’s discuss with to the White House in February. Both facets are aiming to finish the primary section of a industry deal by way of q4. To transfer issues ahead, India’s trade minister will discuss with the U.S. from May 17 to 20 for extra discussions with officers from the Trump management.