• News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
BW Businessworld

Apple's Investment In India To Create More Job Opportunities And Boost Economy, Believes Funding Guru Subodh Bajpai

Foxconn may add two more buildings to its site near Chennai and is looking to establish a research and development center in Bengaluru's Whitefield

Photo Credit : Subodh Bajpai, Founder Unified Capital


Apple's investment in India could double or even triple in the coming years, according to Minister of State for Electronics and Information Technology (MeitY) Rajeev Chandrasekhar. The announcement comes after Apple CEO Tim Cook's visit to India to unveil the company's first two retail stores in the country.

Subodh Bajpai, a Mumbai-based business funding specialist, believes that the partnership between Apple and India has enormous potential for growth and investment. 

He said, "India is a market with significant untapped potential, and Apple's increasing investment will only help boost the economy and create jobs. With Apple's focus on enhancing its production capacity in India, this will provide a boost to local manufacturers and suppliers."

As a seasoned business funding specialist, Subodh Bajpai is dedicated to providing them with the necessary financing to help make their dreams come true. With his keen eye for detail and his deep understanding of the industry, he is committed to offering support to stressed corporates, start-ups, and emerging entrepreneurs. Moreover, he also helps NBFCs secure funds for contingency, ensuring that businesses can access the funds they need when they need them the most.

During his visit, Cook also met with Prime Minister Narendra Modi, where he pledged to expand and invest across the country. The company is looking to change this and enhance its production capacity in India.

Subodh Bajpai believes that this move by Apple is a smart one, especially in light of the manufacturing issues that the company has faced in China. He said, "Apple has faced several manufacturing issues in China, including plant shutdowns and tension between the US and Chinese governments. By expanding its production capacity in India, Apple can diversify its supply chain and reduce its dependence on China."

According to reports, Foxconn may add two more buildings to its site near Chennai and is looking to establish a research and development center in Bengaluru's Whitefield.

Apple started manufacturing iPhones in India in 2017, beginning with the iPhone SE, and has since moved on to manufacture all advanced iPhones. Bajpai believes that Apple's investment in India will only increase in the coming years, creating more job opportunities and boosting the country's economy.

Subodh Bajpai is not only a funding specialist but also a seasoned PR consultant who has helped various startups and businesses establish themselves in the market.

In conclusion, Subodh Bajpai said, "Apple's investment in India is a win-win for both the company and the country. As India's economy grows, Apple will be well-positioned to take advantage of the expanding market, and India will benefit from the investment and job creation that Apple brings."