New Delhi, Dec 12 (KNN) American Giant Apple’s Indian manufacturing capacity is likely to grow triple times by 2025, reported Mint. 

According to a report by Mint, the information is based on statements by three individuals familiar with the matter.

Foxconn, Pegatron, and Wistron which are local manufacturers of Apple have been asked to boost production. 

“They are adding assembly lines and manpower," an executive told Mint.

It has been confirmed by a high-ranking government official that the company is now working on expanding its short and long-term manufacturing capacity in India. 

Seeking anonymity, he said that the country is being looked at as a participant in the global value supply chain.

Mint reported that analysts watching the mobile device market and local manufacturing said the development might result in the domestic production of iPhones growing to 12-15 million within the next two years. (KNN Bureau)