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Apple Builds First R&D Subsidiary In India

  • Tech giant Apple has established a new subsidiary in India called Apple Operations India.
  • The subsidiary will focus on research, design, testing, and providing support to third-party manufacturers.
  • This marks Apple's first direct presence in India, and the company has issued a letter of comfort ensuring operational and financial support.
  • The move is part of Apple's efforts to diversify production outside of China and take advantage of production incentives offered by the Indian government.

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