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Senior management from Apple Inc will travel to India on Jan. 25 to meet with officials from the Indian government’s Ministry of Electronics and Information Technology and Ministry of Finance to discuss Apple’s plans to “Make in India.”
There have already been reports in the media that Apple will establish a manufacturing facility in India to produce the iPhone in conjunction with Taiwanese firms Wistron Corp and Foxconn Technology Group. The move would enable Apple to reduce costs in order to price the iPhone more competitively, as well as expand market share in the country.
According to a report by India’s New Delhi Television (NDTV), senior executives from Apple are expected to arrive on Jan. 25 to discuss production of the iPhone and the opening of Apple Store retail outlets in India, in addition to other matters.
During the course of Apple’s discussions with the Indian government to date, Apple has requested that the Indian government provides long-term preferential tax breaks in addition to other incentives. However, Indian officials recently told the media that giving Apple exclusive preferential tax breaks would constitute unfair treatment for businesses with existing manufacturing operations in India.
Source article: http://www.taipeitimes.com/News/lang/print/2017/01/17/2003663214
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