India is ready and would like the US-based smartphone giant, Apple to set up a manufacturing base in India and the government will surely consider the Apple’s proposal with an open mind.
“We would very much like Apple to come and have a base in India, they have a base in China, and China is under stress. If a structured request come from them, we will surely consider with an open mind,” addressed Ravi Shankar Prasad Minister for Communications & Information Technology to reporters.
Incentives to set up a unit in the country have sought by Apple. A team of smartphone maker will give a presentation on January 25 to senior officials.
Officials from the departments of revenue, environment and forest, commerce, industrial policy and promotion (DIPP), and electronics and information technology (DeITY) will take part in the deliberations.
The Cupertino-based technology giant has asked for several tax and other incentives, including long-term duty exemptions in a communication to the government while aiming to enter the manufacturing sector in India.
At the present scenario, 42 companies are making mobile phones in India, including Huawei and Xiaomi, and as of now, no firm has approached the government for additional incentives.
Currently, under the Modified Special Incentive Package Scheme (MSIPS), the government provides support by way of benefits to boost electronic manufacturing.
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