India is "open and flexible" on negotiating terms with Apple Inc for making iPhones in the country, Union Minister Ravi Shankar Prasad has said, asserting that the tech titan "will not be a loser" if it opts to do so in Asia's third-biggest economy.
In an interview to PTI, the IT minister said: "We are in the process of serious engagement with Apple. Let us await their response. I can only tell you, Apple will not be a loser in India (because of the opportunities it presents)... but let us wait for the formal proposal."
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