Fears this can lead to possible exodus of Apple production chain and loss of tens of thousands of jobs. He had discussed with Prime Minister Narendra Modi the “possibilities of manufacturing.”“Cook shared Apple Inc’s future plans for India. As Apple CEO Tim Cook spoke of plans to expand manufacturing operations in India, China apprehends that it could lead to possible exodus of Apple production chain and loss of tens of thousands of jobs, Chinese state-run media said. In fact, before Cook’s words, some major Apple suppliers such as Foxconn had already announced plans to expand their business in India,” the report said. However, a see-saw battle between China and India over the technology giant was not the only solution, it said.
Source: The Hindu May 23, 2016 08:22 UTC