More details have emerged from Sunday's encounter between Apple CEO Tim Cook and Indian Prime Minister Narendra Modi, during which Cook reportedly revealed he expects Apple's Indian operations to run entirely off renewable energy by the end of 2017.
The transition should happen within the next six months, Reuters quoted Cook as saying, based on a source familiar with Sunday's corporate roundtable. Cook and 20 other executives — such as Amazon's Jeff Bezos, and Google's Sundar Pichai — met with Modi in Washington, D.C.
Cook also claimed that Apple has generated 740,000 jobs in India by way of the "app economy," and that local developers have produced almost 100,000 apps.
The CEO likely needs Modi's favor, since Apple has only just begun assembly in India and may want further tax concessions. The company has also yet to get approval for retail stores in the country, something contingent on local sourcing abilities.
Modi has championed a program called "Make in India," designed to spur local manufacturing. This has drawn concerns from some foreign multinationals, though it's unknown if Apple has resisted to any degree.
The company has been pursuing a global green energy strategy regardless of Indian politics, aiming to use renewable sources wherever possible. This includes nudging suppliers towards green power, or at least offsetting some of their environmental impact.
24 Comments
Looks like Apple is setting renewable the bar again, this time for Indian companies (and its competitors in India). They did the same in the US. Then China. Now India. The company's goal is to create 4GW of generation capacity to make its entire value-chain renewable by 2020.
I don't quite understand why Apple is going all out in India. Apple is going to get very little back from the Indian consumer. I believe 98% of the Indian consumer population are going to be happily buying $100 Android smartphones, so Samsung, the Chinese and local Indian brands are going to be getting most of the smartphone business. The news media is going to be poking fun at Apple for only having such a tiny percentage of smartphone market share and will be loudly jeering about how Apple has massively failed to win the hearts and minds of Indian consumers. It just seems as though Apple is wasting time and effort and nearly no one but a few Apple employees in India will care whether they make iPhones in India using renewable energy or not. Apple will again set the bar for renewable energy but it's a thankless task and mostly unappreciated.
This is horrible. Apple is singlehandedly killing the coal industry. When the sun goes behind the clouds of it's night time all work has to stop. Such stupidity¡