Apple’s assurance to Indian government after Donald Trump talks about his “little problem” with CEO Tim Cook: “There is no…”

Apple has reassured the Indian government that there will likely be “no change” in its funding plans for the nation, government sources stated, following US. President Donald Trump’s public criticism of the tech large’s manufacturing presence in India.“There is no change in Apple’s investment plans in India,” a government supply advised CNBC-TV18, including that the corporate has “assured the Indian government” of its continued dedication to utilizing India as a significant manufacturing hub.

Trump’s “little problem” with Tim Cook

Trump revealed throughout a enterprise occasion in Doha, Qatar on that he had confronted Apple CEO Tim Cook about the corporate’s increasing operations in India. “I had a little problem with Tim Cook yesterday. I said to him, my friend, I am treating you very good… but now I hear you are building all over India. I don’t want you building in India,” Trump said.The US President added that he had advised Cook “India can take care of themselves” and that Apple would as a substitute be “upping their production in the United States.”Despite these remarks, India’s electronics business stays assured. Rajoo Goel, Secretary General of the Electronic Industries Association of India (ELCINA), downplayed potential impacts, telling CNBC-TV18, “It may slow things down a bit, but I really don’t think it is going to impact India that much.”Goel characterised Trump’s feedback as “just a statement” and expressed optimism that the US President “might change his stance.”

India turning into a significant hub for iPhone manufacturing

India has turn out to be a vital manufacturing base for Apple, with the corporate now producing roughly $22 billion price of iPhones within the nation within the yr ending March 2025, a 60% improve from the earlier yr. Currently, one in 5 iPhones worldwide is manufactured in India.Trump additionally claimed that India has provided the US “a deal with basically no tariffs,” although the Indian government has not but commented on these particular remarks.