Apple eyes India, Vietnam to set up new factories after China unrest
The recent turmoil at China’s Zhengzhou ‘iPhone City’ plant propels Apple to shift its production.
The recent turmoil at China’s Zhengzhou ‘iPhone City’ plant propels Apple to shift its production.
“The severe negative impact is expected to result in a significant contraction in GDP in the April-June quarter of 2020, resulting in a recession in the 2020-21 financial year with GDP expected to contract by 6.3 per cent year-on-year,” it said in its outlook on the Indian economy.