Finland's Salcomp, a supplier to Apple , is planning to more than double its workforce in India to nearly 25,000 over the next three years, a company executive said on Monday.
, is planning to more than double its workforce in India to nearly 25,000 over the next three years, a company executive said on Monday.
"China Plus One strategy is at its peak at this moment ... The whole supply chain is now kind of looking at an alternative. And India is poised to be one of the best alternatives," said Sasikumar Gendham, managing director, Salcomp Manufacturing India.Salcomp, a major supplier of chargers to the iPhone maker, is also setting up a housing complex with entertainment and education for about 15,000 people, said Gendham.
Salcomp, which currently employs about 12,000 people in Chennai with 85% of them being women, had reached an agreement in 2019 to take over a facility, formerly owned by Finnish telecom equipment maker Nokia
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