Indian Govt Weighing Up Apple’s Proposal To Set Up Manufacturing Unit
The government is considering iphone maker Apples proposal for setting up manufacturing unit in India, Union Minister Alphons Kannanthanam said today.
Cupertino-based iPhone and iPad manufacturer Apple has sought certain concessions for setting up manufacturing unit in the country.
"We would like Apple to come in India (for setting up manufacturing unit) and we are examining Apple's proposal," said the Minister of State for Electronics and IT on the sidelines of an event organised by industry body CII.
The company had sought concessions, including duty exemption on manufacturing and repair units, components, capital equipment and consumables for smartphone manufacturing and service/repair for a period of 15 years.
The technology major had also asked for relaxation in the mandated 3...