New Delhi, March 22
The government today said it has not accepted ‘most of the demands’ of iPhone maker Apple which wants to set up manufacturing unit in India.
To a question in Rajya Sabha on whether the government has accepted most of the demands of the iPhone manufacturer, Commerce and Industry Minister Nirmala Sitharaman said: “No”.
Apple India has sought concessions, including duty exemption on manufacturing and repair units, components, capital equipment and consumables for smartphone manufacturing and service/repair for a period of 15 years, she said in a written reply.
Apple also wants relaxation in the mandated 30% local sourcing of components.
It also wants reduction in customs duties on completely-knocked-down and semi-knocked-down units of devices that are to be assembled in the country.
In January, Apple had indicated to the government that it is ready with a blueprint to begin manufacturing iPhones in India, but wants fiscal concessions. — PTI