After a lot of back and forth, Apple seems to have finally seen some light at the end of the tunnel. According to a recent statement given by Karnataka IT minister Priyank Kharge, the tech giant will soon start assembling its much-famous iPhones in the country.
In the past, we have reported how Apple has been meaning to set up its shop in India for a long time now. But, the Indian government has asked the company to source at least some of the iPhone components locally from the country in order to boost the country’s floundering manufacturing sector. In order to make this possible, Apple has asked the government to provide it some tax concessions, including lower manufacturing and import duties, which the government has been politely refusing.
A while back, the Indian Trade Minister, Nirmala Sitharaman had commented on Apple’s demand and said that if the Indian government would agree to give any such concessions, it would most likely extend the same olive branch to all smartphone manufacturers, and not just give a special treatment to Apple.
But, Karnataka IT minister Priyank Kharge’s recent statement is a testimonial of the fact that Apple seems to have finally turned things around itself for good, in India. The manufacturing is expected to begin in Karnataka’s state capital Bangalore, also known as Bengalaru, by the end of April 2017.
Reportedly, the tech giant is joining hands with Taiwanese contract manufacturer major Wistron for successfully executing its India manufactured iPhones.
In a tweet, Kharge said, “Apple’s intentions to make iPhones in Bengaluru will foster cutting-edge technology ecosystem and supply chain development in the state.” In an interview with Bloomberg News, he had even said that all the iPhones manufactured on the Indian soil will be used to meet the demands of the Indian market.
While Karnataka’s IT minister seems to be ecstatic about Apple finally manufacturing in India, the tech giant which was embroiled in a tough negotiations battle with the Indian government on tax exemptions and a number of other incentives for a couple of years now, is yet send out an official statement on the matter.
The US-based company has been wanting to cash on the fastest growing smartphone market in the country, where it currently holds only a roughly 2% market share. In a recent statement. In fact, Apple’s CEO Tim Cook had recently said that the company is currently in the midst of discussions on a number of things, including retail stores, and fully intends to invest significantly in the country and believes it’s a great place to be.