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Apple iPhone To Be Manufactured in India As Apple Plans Manufacturing Unit

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Apple iPhone To Be Manufactured in India As Apple Plans Manufacturing Unit

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Apple is all set to meet the Indian Government to discuss the possibility of setting up a manufacturing unit in the country. A team of senior Apple Inc. executives are scheduled to arrive next week, to present to the company’s case for seeking tax benefits and other exemptions.

The tech giant is said to be seeking a host of incentives and concessions from the Indian Government on the ground that it makes state-of-the-art and cutting-edge technology products for which local sourcing is not possible.

Concessions include a 15-year holiday on customs duty, relaxed labelling norms and duty-free imports on spare parts and used captial goods. Officials from departments of commerce, industrial policy and promotion (DIPP), revenue, environment and forest, electronics and information technology (DeITY) will take part in the deliberations.

This comes ahead of Apple’s plans to set up a unit in Bengaluru to assemble their products. Reports suggest that Apple does not want to source products locally and has sought duty to be reduced on components for the iPhone.

At present, as many as 42 companies make mobile phones in India, including Chinese firm Huawei and Xiaomi. However, no firm has approached the government for any additional incentives. Apple sells its products through Apple-owned retail stores in countries like China, Germany, the US, among others. Currently, it has no wholly-owned store in India and sells its products through distributors.The finance ministry in May last year had rejected relaxing 30% domestic sourcing norms as sought by the company as a pre-condition of bringing in FDI to set up single-brand retail stores in the country. While the Government has not issued an official statement, sources say that they are open to discussing Apple’s wish-list. But, it may be difficult for the government to make exemptions for one company.

 

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Ishita Thakur

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29 Comments On "Apple iPhone To Be Manufactured in India As Apple Plans Manufacturing Unit"

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prasung10
Guest

Isko koi bakri diwao yar, despo lagta hai

prasung10
Guest

Thank god someone put some brain on apple xD they were in most disadvantage in the rise of chinese companies without a single manufacturing unit !

Shreyas Ka
Guest

Hmm may be…

Arko Sen
Guest

But trump says it’ll be manufactured in US as per CNET’s editorial column.

Shashi Baral Hari Prasad Baral
Guest
Shashi Baral Hari Prasad Baral

Good job saheb

Prakrit Sethi
Guest

Puch kyu raha hai ?U0001f602
Khareedne tune tab bhi nahi hai U0001f602

Prakrit Sethi
Guest

No it’s just you

Parth V
Guest

It definitely would as there will be no duty charges also there will be parts maybe made from India as well so quality may be an issue but the rices will decrease as hell.thats for sure

Ishant Singh
Guest

By this step is there any change in price of their products?

Mainak Crixallis
Guest

please .. Intel .. nvidia .. everything in india .. :3

Vishnu Mohan
Guest

Pakistani chutiya spotted

Khan Baba Khan
Guest

Please Toilet Frist

Jignesh Kharwa
Guest

including R&D; & marketing still its overpriced…good products only need marketing in initial years or couple of months….its been 10 years iphone came into picture

Rockfort Ravi
Guest

U can’t eat iPhone

???? ??????
Guest

Who will bear it’s marketing and R&D; cost? You?

Harsh Sanghavi
Guest

No it won’t Sagar Rupani they manufacture in China. IPhones are more expensive in China then here also

Hien Vo
Guest

Just low cost labor assembly

Ishant Thakur Arya
Guest

Yaehh thts realy fantastic
U0001f60dU0001f60d

Shreyas Ka
Guest

Hmm, is it just me or ? I remember apple saying that iphones will never be manufactured in india in some conference..

Sudhir Vaishnav
Guest

You guys never think about the R&D; investment……
they invest huge mobey on R&D; so that cost become high….

Jignesh Kharwa
Guest

yes some people buy it & most people dont

Aryan Bhan
Guest

Some people want an iPhone which should be budget-oriented.+he is right…..manufacturing cost is 20k and they are selling phones at 70k…..its like fooling people. We can get the same quality of android in 50k(Samsung and sony)

Aryan Bhan
Guest

Most people don’t but it

Dhruv Sinha
Guest

That’s called business and people buy it. So…

Chaitanya Kulkarni
Guest

Apple, the richest electronics company in the world is asking for 20 years custom holiday. #MakeInIndia but follow all our rules.

Adil Husain
Guest

Nah it wont ….

Jignesh Kharwa
Guest

Manufacturing cost 20k & selling price 70k great

Fazil Muhammed
Guest

I hope that makes the prices go down

Arslan Ansari
Guest

Mindßlowing :-) (y)