Subject: Re: EU-India Mother of Trade Deals
"I posted comparative wage information, Mexico vs India, on the Policy board. Indian industrial wages make Mexicans look rich."

I guess Tim Cook has notice the above too.
https://manufacturingdigital.c...
According to reports, Tata Electronics will acquire a 60% stake in the plant, with Pegatron retaining a 40% share and providing vital technical support.

Why has this deal generated so much interest? Because its a impactful strategic move for both Tata and Apple.

The development will make India a key manufacturing hub for Apple, with the Tamil Nadu facility employing 10,000 workers and producing about 5 million iPhones annually.

This marks a shift in strategy for Apple, expanding its manufacturing presence in other nations as opposed to China.

It's also a strategic move for Tata Electronics, consolidating its foothold in the iPhone market to rival Foxconn, India's other major iPhone manufacturer.

One of the biggest reasons Apple is expanding in India is to reduce its manufacturing and supply chain resilience on China.

Driving this move is growing geopolitical tensions between China and the US.

Subsidies and tax benefits further make India an attractive option for manufacturers seeking to scale operations.

Low wages AND tax subsidies. Oh my!