Govt To Offer Full Support To Apple To Set-up Manufacturing Facility In India
Apple.Inc sees India as one of its fastest growing Smartphone market in the world. The company has made a proposal to the Indian government for setting up a local manufacturing unit in India.
Suresh Prabhu, Minister of Commerce and Industry said that the government is waiting for a formal proposal from the company and is ready to provide full support for them.
On an interview with PIT, he said Let us get a good proposal from them… We will be very happy to receive Apple, one of the top brands in the world. We are willing to find out if there is any difficulty they may face. We will be more than happy to resolve that difficulty. So we will await a formal proposal.
On an event organized by industry body CII, the Minister of State for electronics and IT said We would like Apple to come to India (for setting up a manufacturing unit) and we are examining Apples proposal,
Indian Government is ready to do certain concessions for setting up Apples manufacturing unit as per its demand. However, Apple does not manufacture devices on its own but gets it done through contract manufacturers. Right now the company sells its product through distributors in India such as Redington and Ingram Micro.
But in March Nirmala Sitharaman informed to Rajya Sabha that most of the demands of the company has not been accepted to set up a manufacturing facility in India.