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05 February 2017, 01:46 | Candice Butler
Apple is said to be partnering with Taiwanese contract manufacturer Wistron for its Indian operations. The iPhones manufactured in India will be meant for the Indian market only and will not be exported at the time.
An iPhone 7 on display in an Apple Store in China.
"We have an understanding with Apple and we expect them to start manufacturing in Karnataka by the end of April", information technology and biotechnology minister Priyank Kharge was quoted as saying. Apple also asked for a waiver on customs duties for new and used equipment brought into India. India will be the third country globally to assemble iPhones, an indication of how important the country has become for one of the world's most valued companies.
Apple representatives met federal and state government officials in India last week, as it is lobbies hard for tax and sourcing concessions before it begins to assemble iPhones there. Additionally, the Indian government offers various benefits to foreign companies as these efforts help the country in the creation of new jobs and in the development of cities.
Apple's Make in India plans for iPhones has been reported by the media for sometime now.
It's official. Made in India iPhones will soon come out of namma Bengaluru, with global technology leader Apple ready to set up a manufacturing base in India's Silicon Valley. This was seen as a prelude to Apple making iPhones in India. This is in order to let the company establish an iPhone production facility in India, although it is not clear if Apple has been granted this by the government of India. However, there was said to be no deal or agreement yet between Apple and the government for the launch of iPhone production. I think in the longer term, it's a great move, and I feel really good about how we're doing there.
This also comes on the back of Cook mentioning on an earnings call this week that India is "the place to be" and adding that the technology giant is in discussions on a number of things, including retail stores and fully intend to invest significantly in India.
Apple is now unable to set up its own branded stores in India, which has a raft of rules to curb the activities of foreign companies.
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