Reader's Poll

Which of the following technologies/concepts are likely to witness significant traction this year?
Any data to show


Tele Data

Mobile Subscribers Yearwise comparision

Government awaits a concrete proposal from Apple regarding manufacturing in India

January 09, 2018

The Ministry of Commerce and Industry is awaiting a definitive proposal from Apple to establish a manufacturing unit in India. According to Suresh Prabhu, Minister of Commerce and Industry, if Apple comes forward with a concrete proposal, the ministry will duly examine it. Top Apple executives met the minister last week.

Apple had requested certain concessions in order to establish a manufacturing unit in India, which included duty exemption on manufacturing and repair units, components, capital equipment and consumables for smartphone manufacturing and service for a period of 15 years

In addition, Apple had also requested for relaxation in the mandated 30 per cent local sourcing of components. Further, apple also wants reduction in customs duties on completely-knocked-down and semi-knocked- down units of devices that are to be assembled in the country.

However, In March 2017, the government informed the Rajya Sabha that most of the demands of the company had not been accepted.


To post comments, kindly login

  • Most Viewed
  • Most Rated
  • Most Shared
  • Related Articles
 Your cart is empty

Monday morning