Apple and its ecosystem partners created 150,000 jobs in India in the past two and a half years. They have announced a major initiative to provide residential facilities for their factory workers.
Apple Awas Yojana (Apple Housing Scheme) is growing as a trend in India’s tech manufacturing sector, mirroring successful employee housing models in China and Vietnam.
The Apple Awas Yojana prioritises the well-being of its workforce, particularly a significant number of young women employees. This initiative aims to enhance security, reduce commute times, and improve the overall living situation for workers compared to rented accommodations. It will help employers to offer a wholesome work-life balance to their employees.Β
Lead Role
Major players in Apple’s ecosystem include Foxconn, Tata Electronics, and Salcomp. They have been actively involved in the project from the start. However, Foxconn, a major iPhone supplier in India with a workforce that is 75% women, is slated to receive a significant portion of the 35,000 housing units for its employees.
Where to Start?
The initiative aims to construct a total of 78,000 housing units across India. Tamil Nadu will be their focus and receive 58,000 units (a major chunk of allotments). The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) will lead the project in collaboration with the Tata Group and SPR India. Funding will be a combined effort between the central government (10-15%), state governments, and entrepreneurs. The project is expected to be completed by March 2025.
A New BenchmarkΒ
The Apple Awas Yojana represents a significant shift in employee welfare initiatives. By prioritising the construction of residential facilities for its workforce, Apple and its partners are starting a new revolution. This project sets a new standard for Corporate Social Responsibility (CSR) in the Indian market.
