more than ten Apple Inc’s Chinese suppliers are getting preliminary licenses from India to expand in the country, helping the tech giant in its efforts to diversify its assembly network outside of China.
AirPods and iPhone assemblers Luxshare Precision Industry Co. and a unit of lensmaker Sunny Optical Technology Group Co Ltd is one of the companies approved, said the people, who asked not to be identified because the licenses are not public. The approval from major Indian ministries is a step towards full approval for expansion in India, and the companies may still need to find local Indian joint venture partners, the people said.
