Business Standard

Govt yet to take unanimous stand on Apple demands

Apple also wants to open its own stores in India

apple, iPhone
Premium

People line up at an Apple store

Dilasha Seth
There is still no unanimity within the government over Apple Inc’s demand for various incentives to make iPhones in the country. 

While the demand may be well received by the Department of Industrial Policy and Promotion (DIPP), the finance ministry is yet to make up its mind on the issue. 

“DIPP is favourably considering Apple’s proposal for incentives this time. But these are yet to be considered by the finance ministry,” a government official said. The Cupertino-based tech giant is asking for tax concessions, including lower import and manufacturing duties, as well as relaxation in domestic sourcing norms to make iPhones in

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in