05 February, 2017
Glad to announce initial manufacturing operations of the world's most valued company: Apple, in Karnataka. "We made concerted efforts to reach out to Apple directly".
For nearly a year, strong rumors pointed to Apple possibly manufacturing their flagship phone in India. "Apple's intentions to manufacture in Bengaluru will foster cutting edge technology eco system and supply chain development in the state, which are critical for India to compete globally", it said. This is just the first step for Apple's plans for India, sources tell Mashable. Apple, which has reportedly negotiated hard with the Indian government on tax exemptions and other incentives, is yet to comment.
Soon, we will have Apple iPhones made in a Bengaluru factory.
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It seems like Apple has come to an agreement with the government of Indian state, Karnataka, to set up a manufacturing plant in Bangalore, aka Bengaluru.
It does appear, however, that at least for the time being Apple will be keeping its manufacturing operations overseas.
The government, he said, is willing to facilitate any high-end manufacturing in Karnataka including that of iPhone. Apple Stores will bring about reforms in Apple Care services being offered in India which suffer due to poor operation standards of Apple Resellers. Apple CEO Tim Cook already made a visit to India past year and met various government officials including Prime Minister Narendra Modi. "In the longer term, it's a great move", Cook said this week. Apple's application for exemption from compulsory 30 per cent domestic sourcing norms was rejected by the Finance Ministry a year ago. This could allow Apple to open its own exclusive stores in India; now Apple-branded stores in India are run in partnership with other retailers.
This also comes on the back of Cook mentioning on an earnings call this week that India is "the place to be" and adding that the technology giant is in discussions on a number of things, including retail stores and fully intend to invest significantly in India.