Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Charlie Kirk shot dead
  • Nepal protests
  • Russia-Poland tension
  • Israeli strikes in Qatar
  • Larry Ellison
  • Apple event
  • Sunjay Kapur inheritance row
fp-logo
Commerce Minister Suresh Prabhu says govt is willing to support Apple set up a manufacturing plant in India, is awaiting a formal proposal
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit

Commerce Minister Suresh Prabhu says govt is willing to support Apple set up a manufacturing plant in India, is awaiting a formal proposal

Press Trust of India • November 27, 2017, 10:09:05 IST
Whatsapp Facebook Twitter

“Let us get a good proposal from them…We will be very happy to receive Apple, one of the top brands in the world.” Prabhu told PTI

Advertisement
Subscribe Join Us
Choose
Firstpost on Google
Choose
Firstpost on Google
Commerce Minister Suresh Prabhu says govt is willing to support Apple set up a manufacturing plant in India, is awaiting a formal proposal

Commerce and Industry Minister Suresh Prabhu said the Centre will support **iPhone maker Apple** to set up a manufacturing unit in the country and is awaiting a formal proposal from them. “Let us get a good proposal from them…We will be very happy to receive Apple, one of the top brands in the world. We are willing to find out if there is any difficulty they may face. We will be more than happy to resolve that difficulty. So we will await a formal proposal,” Prabhu told PTI in an interview. He also said that the Centre is willing to call all state chief ministers who are willing to give them the best deal. [caption id=“attachment_4011279” align=“alignleft” width=“380”]File image of Commerce and Industry Minister Suresh Prabhu. AFP File image of Commerce and Industry Minister Suresh Prabhu. AFP[/caption] The Cupertino-based iPhone and iPad manufacturer Apple had asked for **certain concessions** for setting up a manufacturing unit in the country. The government had sought investment and job creation details from the iPhone maker to facilitate setting up its proposed manufacturing facility in India. In March, the then Commerce and Industry Minister Nirmala Sitharaman had informed the Rajya Sabha said that the **government has not accepted 'most of the demands'** of the company, which wants to set up its manufacturing unit in India. Apple India had sought concessions, including duty exemption on manufacturing and repair units, components, capital equipment and consumables for smartphone manufacturing and service/repair for a period of 15 years. The company also wants relaxation in the mandated 30 percent local sourcing of components besides reduction in customs duties on completely-knocked-down and semi-knocked-down units of devices that are to be assembled in the country. Apple does not manufacture devices on its own but gets the job done through contract manufacturers. It sells its products through company-owned retail stores in countries like China, Germany, the US, the UK and France, among others. It has no wholly-owned store in India and sells its products through distributors such as Redington and Ingram Micro.

Tags
Apple Commerce and Industry Minister Suresh Prabhu Make In India Manufacturing Unit Apple make in India
  • Home
  • Tech
  • News & Analysis
  • Commerce Minister Suresh Prabhu says govt is willing to support Apple set up a manufacturing plant in India, is awaiting a formal proposal
End of Article
Latest News
Find us on YouTube
Subscribe
  • Home
  • Tech
  • News & Analysis
  • Commerce Minister Suresh Prabhu says govt is willing to support Apple set up a manufacturing plant in India, is awaiting a formal proposal
End of Article

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Enjoying the news?

Get the latest stories delivered straight to your inbox.

Subscribe
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV