Apple is investing approximately $10.6 million (Rs 100 crore) to expand renewable energy projects in India. This move supports the company's goal of achieving carbon neutrality by 2030, specifically targeting emissions within its growing Indian supply chain and manufacturing partnerships. As Apple shifts more iPhone production to India, it faces the challenge of a power grid still heavily reliant on coal. By investing directly in clean energy, Apple aims to decarbonize the operations of key suppliers like Foxconn and Tata Electronics while supporting local environmental conservation efforts.
