iPhone maker Apple to set up a manufacturing unit in India?
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The senior officials will be from departments of commerce, industrial policy and promotion (DIPP), revenue, environment and forest, electronics and information technology (DeITY) will take part in the deliberations.
In a communication to the government, the Cupertino-based technology major has asked for several tax and other incentives, including long-term duty exemptions, to enter the manufacturing sector in India.
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However, the sources said the technology major should set up the manufacturing unit in India without seeking additional support.
As many as 42 companies are making mobile phones in India, including Chinese firm
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Currently, the government provides support by way of benefits under the Modified Special Incentive Package Scheme (MSIPS) to boost electronic manufacturing.
The scheme offers financial incentives to offset disability and attract investments in the electronics hardware segment. It also gives subsidy for investments in special economic zones, among other benefits.
Apple's products are manufactured in six countries, including Korea, Japan and the US.
Earlier, the finance ministry in May had rejected relaxing the 30 per cent domestic sourcing norms as sought by the iPhone and
The company had sought exemption on the ground that it makes state-of-the-art and cutting-edge technology products for which local sourcing is not possible.
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The government had also turned down the firm's proposal to import refurbished phones and sell them in India.
The company sells its products through Apple-owned retail stores in countries like China, Germany, the US, the UK and
The government has announced incentives to promote electronic manufacturing in India and reduce the import bill.
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