Google News
spot_img

Apple to start assembling high-end iPhones in Bengaluru in less than a month

Must Read

Apple Inc will be ready to start asembling high-end iPhones in the city in less than a month to boost its chances of gaining a foothold in the fast growing Indian market, Karnataka IT Minister Priyank Kharge said.
“In less than a month, we will have something out – Apple will start assembling and making its high-end iPhones at its plant in the city. Taiwanese contract manufacturer Wistron Corp will help Apple in doing so,” he told PTI.
According to a PTI report: Kharge said making iPhones in India would help Apple lower prices, which will help it gain a foothold in the fast growing Indian market.
“Assembling and making of iPhones in Bengaluru will boost Apple’s chances of gaining a foothold in the fast growing Indian market because it will allow the company to lower prices,” he was quoted by PTI as saying.
Karnataka government has been in talks with the Centre for strengthening the ecosystem even as Apple is negotiating with it for its next level of production in India, he said.
Apple wants to bring its component manufacturers to India to make parts and export finished phones and is seeking tax concessions on import of key components. However the Indian government has rejected most of the demands of the US company.
Kharge said if the Centre was keen on taking on China, it should not give special treatment to Apple alone, but to other players, including Samsung and Lenova, if they are desirous of opening a manufacturing units in India, especially Karnataka.
“My position with the central government has been don’t give special treatment to Apple alone, but treat other players equally. Open the entire eco-system for high-end manufacturing of electoronics if you really want to compete with China and Taiwan,” he told PTI.
Kharge said Government should also give companies, including Apple, certain timelines, subsidies and incentives to create a level-playing field for them.
“The Government should give companies a timeline, say in 10 years they should be able to manufacture 100 per cent of phones and its components by procuring them from the local market. Such a timeline should be given because we don’t have that environment now,” he was quoted by PTI as saying.
“The Government should also give companies subsidies and incentives to create a level-playing field for them to strengthen the Indian eco-system,” Kharge was further quoted by PTI as saying.

Latest News

How FMCG companies are rethinking packaging to become eco-friendly

More and more companies are opting for sustainable approaches to packing of FMCG products for e-commerce. Here’s an overview...