Apple and suppliers plan to build 78,000 employee housing units in India by March 2025.
Apple and its suppliers, including Foxconn, Tata Group, and Salcomp, are planning to build employee residential facilities in India for the first time, following industrial housing models prevalent in China and Vietnam. This initiative aims to construct over 78,000 housing units under a public-private partnership. The majority of units, around 58,000, will be allocated to Tamil Nadu, with funding from the central government, state governments, and private players. The project is set to conclude by March 2025.
April 08, 2024
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