Apple In Talks With India To Manufacture Locally (reuters.com)

Apple is in talks with India's government to explore making products locally, the Wall Street Journal reported on Tuesday, as the U.S. firm aims to make deeper inroads in the world's second-largest mobile phone market by users. From a report: India Prime Minister Narendra Modi is trying to boost technology manufacturing in the country through his 'Make in India' initiative. His government in June exempted foreign retailers for three years from a requirement to locally source 30 percent of goods sold in their stores. The Journal said Apple, in a letter to the federal government in November, outlined manufacturing plans and asked for financial incentives.

Comments

Imagine if Trump announced that

[xxxJonBoyxxx]

>> His government in June exempted foreign retailers for three years from a requirement to locally source 30 percent of goods sold in their stores

Imagine if Trump announced a requirement that foreign retailers locally source 30 percent of their goods. The Republicans would fight it because "free trade" and the Democrats would fight it because "Trump == Hilter". But the bulk of Americans would probably support it...and that's why our political parties have lost their moorings.

Re:Imagine if Trump announced that

[ErichTheRed]

The only thing that matters to the macro-economy as a whole is employment. Unless you plan on replacing the entire "money as a store of value" system, you need a supply of all kinds of jobs across the employment spectrum to ensure money can flow. Otherwise, we see what's happening now -- the rich just hoard all the money and pull up the ladder behind them. The only measures of economic health that matter are employment and velocity of money. Trade is only beneficial when both countries are on the same economic footing.

India's regulations may seem harsh, but they do ensure that manufacturing remains a viable career path. The fantasy of turning everyone in the US into intellectuals and forcing everyone to go to college has to stop at some point. You need a 2-track system -- one way to a comfortable living is education and professional work, and the other is high-paying factory and trade work with a similar career path guaranteed by unions or similar devices.

Re:Imagine if Trump announced that

[Anonymous Coward]

The American people should support it l up until the check out line when the price of their goods shot up 50% to cover the inflated costs of manufacturing in the USA.

Not even Trump can afford to make clothes in the USA the cost is too high. In the end these costs will be meaningless as robotic factories will be designed to build package and ship what you want when you neeed it. As that happens manufacturing will go where the buyers are to lower transportation costs

You don't seem to understand economics. Or maybe you do but you, like too many, keep talking about the cost too high in the USA.

Tell me this: how in blazes did people in the USA afford clothing before all this globalization? Were they mostly naked, or wore animal skins? Or maybe rags?

The problem with global trade is that it is not a fair or level playing field. It is manipulated by very wealthy people who "invest" in money markets and other buying and selling of foreign currencies, all of which affect the prices of imports and exports. And of course you have people who work 100 hour weeks for pennies and live in squalor to make those cheap clothes, but of course it's not your fault for buying the stuff and creating a market for it. But any talk of some kind of uniform, controlled system (called government) that tries to apply import quotas and tariffs and people start whining about the cost of "goods".

Meanwhile more and more people are being laid off of their reasonable pay jobs, only to work part-time in Amazon warehouses, and now they can't afford better-quality American-made goods, so to ChinaMart (Walmart, Target, etc.) we go. Do you see the vicious cycle?

Meanwhile I'm getting more and more discouraged (and angry) at the horrifically poor quality of pretty much everything these days, and pretty much all of it comes from China or Mexico. I really want to see those giant shipping containers filled up with the crap that breaks far too soon, and the containers come back filled up with the dollars those things cost, plus replacement / repair costs.

The whole economic system is hugely complex and dynamic, and too many people think they have the answer by looking at a narrow-minded snapshot of economics, society, etc. The 1 percenters are doing a great job of keeping the rest of us fighting, scrapping, theorizing, protesting, and chasing that shrinking carrot we see hanging out there somewhere.

Am not phibian about this

[fyngyrz]

Even if prices shot up 50%, every cent would go to boost the American economy

Purchases would decline sharply in many market segments, because the perception of value (such as it is) would evaporate in very short order.

Which would not boost the American economy.

And so replace your iPhone every 3 years instead of every 2. Same money spent,

How about the attitudes that change to "I don't think I need another iPhone"? Do you think that's a factor that should be ignored?

You want to boil the froggies, you better turn the heat up very slowly. Or those uncooperative little #00FF00 bastards will hop right the hell away.