BusinessApple Seeks Incentives For Made-In-India iPhones, Decision Soon: Report
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Apple Seeks Incentives For Made-In-India iPhones, Decision Soon: Report
Apple has sought certain incentives to manufacture iPhones in India
An inter-ministerial group is likely to deliberate on those incentives
Apple's products are manufactured in six countries, including the US
Apple has asked several tax and other incentives to enter India in the manufacturing sector.
New Delhi: A group of senior officials from ministries, including commerce and finance, will early next month deliberate on the incentives sought by US-based iPhone maker Apple to set up a manufacturing unit in the country.
Officials from departments of commerce, industrial policy and promotion (DIPP), revenue, environment and forest, electronics and information technology (DeITY) will attend the meeting.
The group is likely to m...