Author: Sam Byford
Apple is said to be lobbying the Indian government in a move that could see the company manufacture iPads in the country for the first time. Reuters reports that the government is planning to launch an incentive scheme designed to boost India’s computer exports, and Apple wants in — but is angling for a better deal.
The initiative will have a budget of up to Rs. 70 billion ($964 million) over five years, according to Reuters, but Apple is reportedly asking for that to be almost tripled to Rs. 200 billion. The reason is said to be partly that India’s supply chain doesn’t yet have the scale to meet Apple’s demands.
Apple already makes iPhones in India, having started in 2018 to avoid new import tariffs imposed by the Indian government as...
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Apple is said to be lobbying the Indian government in a move that could see the company manufacture iPads in the country for the first time. Reuters reports that the government is planning to launch an incentive scheme designed to boost India’s computer exports, and Apple wants in — but is angling for a better deal.
The initiative will have a budget of up to Rs. 70 billion ($964 million) over five years, according to Reuters, but Apple is reportedly asking for that to be almost tripled to Rs. 200 billion. The reason is said to be partly that India’s supply chain doesn’t yet have the scale to meet Apple’s demands.
Apple already makes iPhones in India, having started in 2018 to avoid new import tariffs imposed by the Indian government as...
Continue reading…
Continue reading...