Photo: Bloomberg
').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
How Apple, Foxconn's Efforts Led To Landmark Reforms In India's Labour Laws
Apple and its supplier Foxconn were among the companies that lobbied for a landmark liberalisation of labour laws in the southern state of Karnataka earlier this month, the Financial Times reported
Topics
Apple Inc | Apple India | Foxconn
Apple and its supplier Foxconn were among the companies that lobbied for a landmark liberalisation of labour laws in the southern Indian state of Karnataka earlier this month, the Financial Times reported, citing three people familiar with the matter. The legislation led to introduction of laws that now allows 12-hour shifts, as well as night-time work for women, similar to company practices in China, the report said. Apple has been shifting production away from China after the country's strict Covid-related restrictions disrupted the manufacturing of new iPhones and other devices in the country and also to avoid a big hit to its business from tensions between Beijing and Washington. The report comes a week after the Karnataka government said that Apple Inc's iPhones would soon be assembled in the state and that a total of 300 acres have been set aside for a factory.
Apple, Foxconn and the Karnataka government did not immediately respond to Reuters' requests for comment.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Fri, March 10 2023. 08:31 IST
RECENT NEWS
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more
Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector
The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more
JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism
In a week marked by strong financial performance, JPMorgan Chase & Co. reported a 25% rise in profits, and US small-... Read more
Big Banks Vs. Regional Banks: The Battle For Market Share
The financial industry is a competitive landscape where big banks and regional banks vie for market share. Each type of ... Read more
The Evolution Of Philanthropic Advisory Services In Private Banks
The landscape of philanthropic advisory services provided by private banks has undergone a significant transformation. T... Read more