Indian government to disappoint Apple. Here are the details
Advertisement
Advertisement
This would atleast meet some of the demands that Apple has made apart from benefiting other phone makers as well.
The smartphone maker had sought the concessions to set up plants in the country and the issue will be examined in depth at a high-level meeting with Apple executives next week.
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
India needs to support an iconic brand like Apple for the success of the Make in India campaign, officials said.
Advertisement
Another official said no decision had been taken but that concessions cannot be given to just one company.
"Normally, similar dispensation has to be given to others similarly placed," hetold ET.
During his visit to the country last year, Apple Chief Executive Officer
Advertisement
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Markets rebound in early trade amid global rally, buying in ICICI Bank and Reliance
- Women in Leadership
- Rupee declines 5 paise to 83.43 against US dollar in early trade
- Election Commission issues notification for sixth phase of Lok Sabha polls
- 6 Coffee recipes you should try this summer