Apple may start manufacturing iPhones in India this 2017
Assembling iPhones in India could be crucial for Apple, which needs to
make its products available at lower price. The Indian government
currently imposes heavy taxes on electronic products like smartphones
imported to India to encourage local production.
By manufacturing or assembling its iPhones in India, the company would
be able to abide by country’s "Make in India" program, an initiative
undertaken by Narendra Modi-led government.
The initiative encourages companies to assemble products in India by
giving tax breaks and other benefits to companies. Apple currently
doesn’t manufacture locally in India and as a result, iPhones are very
costly to purchase in the country.
Talks about Apple exploring manufacturing possibilities in India has
been doing rounds for a year. Earlier this year, on his maiden visit as
Apple CEO, Tim Cook met Modi, and expressed intentions to expand its
operations in the country. Apple has also been aggressively looking for
personnel for various roles in India.
Last month, Apple sent a letter to the Indian government, expressing its
strong desires to manufacture smartphones as well as other products in
the country, but hoping to see some incentives from the government.
With the Indian government refusing to permit sales of refurbished
iPhones in the country, manufacturing phones in India and avoiding high
import duty is Apple’s best bet to lower the prices of iPhone in the
country.
Apple could very soon begin manufacturing iPhones in the world's fastest growing smartphone market.
After months of back and fourth with the local government, Apple is
ready to assemble its smartphones in India as soon as April 2017,
reports TOI.
The company has partnered with Taiwanese smartphone manufacturer Wistron
to assemble iPhones in Bangalore, the report claims. Wistron is setting
up a facility in Peenya, an industrial area near Bangalore.
The iPhone maker is very serious about manufacturing in India, and
Bangalore, often referred to as the Silicon Valley of India, is the
place it is looking at, the report claims, adding that Apple wants to
push its manufacturing processes to fullest in India by the end of 2017.
Much of Apple’s products are manufactured in China by Foxconn. It was
widely believed that the company would task Foxconn, which already has
plants in India, to manufacture products in the country as well.
However, it seems Foxconn's current commitment to other manufacturers
such as Xiaomi and OnePlus in India has pushed Apple to look elsewhere.
Apple is yet to confirm this report but we will find out their plans as the year unfolds
Apple may start manufacturing iPhones in India this 2017
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