India Not in Favor of Offering Apple Concessions For Manufacturing iPhone

India Not in Favor of Offering Apple Concessions For Manufacturing iPhone

Foto: Apple

Indian government is not in favor of offering Apple concessions to start manufacturing iPhones in the country, according to Bloomberg. It is also unlikely they will ease norms governing local sourcing for the manufacturer of iPads and iPhones as such a step can’t be granted to just one company, according to the New Delhi-based official, who didn’t want to be identified.

Last year, India eased regulations that required technology product makers such as Apple source at least 30 percent of their components locally before they can open a single-brand company-owned outlets in the country. Apple, whose markets in the West and in China are getting saturated, has been keenly looking toward India, the world’s fastest growing smartphone geography, to grow sales of its devices where it currently has about 2 percent market share.

The phonemaker is said to have written to the industry ministry in November seeking further concessions including lower import and excise duties. Apple India didn’t immediately respond to an e-mail seeking comment. Mattu J.P. Singh, a spokeswoman at India’s commerce and industry ministry, didn’t answer two calls made to her mobile phone.

More from category

Ericsson Tries to Avoid Patent War by Publishing Rates for 5G

Ericsson Tries to Avoid Patent War by Publishing Rates for 5G

22 Mar 2017 comment

Ericsson has taken the unusual step of publicly setting a price tag on what it will cost to license their technology for the next generation of high-speed mobile phone networks, according to Bloomberg.

Vodafone and Idea merge in Fat Big Telco in India

Vodafone and Idea merge in Fat Big Telco in India

20 Mar 2017 comment

Vodafone's Indian unit agreed to merge with Idea Cellular to create a wireless company that’s more than twice as big as AT&T by subscribers, and a new leader in a market that’s so competitive after India’s richest man offered phone calls for free, according to Bloomberg.

Amazon Open for Pushing Content Through Cable

Amazon Open for Pushing Content Through Cable

18 Mar 2017 comment

Amazon, the e-commerce giant that’s shaking up the entertainment industry, says it’s open to pursuing deals to stream content through cable operators’ set-top boxes, much like Netflix has done in the U.S. and Europe, according to Bloomberg.