Govt seeks details of proposed investments in India from Apple

Remigio Civitarese
Giugno 23, 2017

Many predicted that Apple would slash prices once it started iPhone production in India.

Apple's first batch of iPhone SE smartphones, which are assembled in India, have reportedly been made available in select stores in Bengaluru.

Till then, you can get yourself an iPhone SE labeled "Designed by Apple in California, Assembled in India" if you're in Bengaluru.

Apple's production in India is expected to swing into high gear once clarity emerges after the GST rollout on July 1.

To recall, Apple has set up its manufacturing facility in Peenya industrial region in Bengaluru, by joining hands with Wistron, instead of Foxconn, as the latter had already signed deal with a couple of Chinese companies.

Apple sells its products through company-owned retail stores in countries like China, Germany, the USA, the United Kingdom and France, among others.

Apple is showing interest in the Indian market as people now prefer to buy iPhones in India than any other phones.

Probably encouraged by Apple's initiative, government ministries including revenue, electronics and information technology, and industry have asked the Cupertino-based company to send a detailed proposal including investment and also job creation figures, PTI reported.

Besides parts for the iPhone, iPad, iPod and Mac are manufactured mostly by third parties, across 28 countries.

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