Apple’s Chinese suppliers receive clearance in IndiaRELOCATION BOOST: The move signals that India is allowing more Chinese firms to enhance its tech sector, even as political tensions between the two have intensifiedBloombergMore than a dozen of Apple Inc’s Chinese suppliers are receiving initial clearance from India to expand in the country, helping the tech giant’s efforts to diversify its assembly network beyond China. The clearances signal that India is allowing more Chinese companies to build out its tech manufacturing sector, even as political tensions between the Asian neighbors have intensified. About 14 suppliers are receiving a green light from India after Apple named them as companies whose services it needs to increase its presence in the country, they said. India largely cut off Chinese companies from its tech economy after the countries’ troops clashed violently on their long-disputed border in 2020, leading to at least 20 deaths on the Indian side. While India is now approving several Chinese suppliers’ expansion in the country, some are still being rejected, the people said.
