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Apple officials meet Govt, present plans for setting up a manufacturing facility in India

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Officials of US-based maker made a detailed presentation to the Government on Wednesday on its plans and demands for setting up a manufacturing facility in India.

Apple officials meet Govt, present plans for setting up a manufacturing facility in India
The Cupertino-based technology major had asked for several taxes and other incentives, including long-term duty exemptions, to enter the manufacturing sector in India

The presentation was made by senior executives of Apple to an inter-ministerial group including officials of DIPP, Revenue and Commerce.

“They are seeking certain duty exemptions and other concessions. Respective departments will look at those demands. The government has not taken any decision,” an official was quoted by news agency PTI as saying.

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On Tuesday, senior Apple officials – including the company’s Global Vice President Priya Balasubramaniam – called on Commerce and Industry Minister Nirmala Sitharaman.

READ MORE: Apple officials seek concessions from Indian Government

The Cupertino-based technology major had asked for several taxes and other incentives, including long-term duty exemptions, to enter the manufacturing sector in India.

Currently, the Government provides support by way of benefits under the Modified Special Incentive Package Scheme (MSIPS) to boost electronic manufacturing.

Apple has no wholly-owned store in India as of now and sells its products through distributors such as Redington and Ingram Micro.

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