Thursday, 19 January 2017

World's fastest growing smartphone market can't make up its mind about Apple's demands

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The world’s fastest growing smartphone market wants Apple to manufacture locally, but some in the ruling government are hesitant to agree to the company's "unprecedented" requests before commencing manufacturing in the country.

Apple has shown interest in assembling its products in India, but it is hoping that the local government would provide it with several tax and other incentives, including possibly a long-term duty exemption.

Some officials in the government believe such concessions would be excessive and unfair, especially since Apple already operates in India, reports ReutersRead more...

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