Indian Manufacturing in India for Apple. India is considered as a highly populated nation with one of the largest smartphone market. India overall carries a lot of potentials to sustain a good market for Apple like China. Apple had been keeping an eye on India’s potential for the investment but country’s growth has started to shake up.
On the other hand, China is showing immense growth in the companies like Oppo, Lenovo, and Vivo.
Talking about Apple, The iPhone makers have seen growth with approximately of 2.5 million shipments in India that were approximately 2 million in the last tenure. With some proper approach, Apple needs to have a proper plan for Indian Market and start its manufacturing. The deal is almost good to go for India’s involvements in the manufacturing.
Indian officials are meeting the Apple team to discuss some incentives about taxes and tariff. Apple’s Vice Presidents Priya Balasubramaniam talks about it
We’ve been working hard to develop our operations in India. We appreciate the constructive and open dialogue we’ve had with government about further expanding our local operations.
It is all set to start in April 2017 and it’s going to do wonders in Indian Economy. Apple has partnered with a Taiwanese Manufacturer for Apple’s iPhone manufacturing in Bangalore, India. Like all other technical advancements happening in Bangalore, also known as India’s Silicon Valley, will be the target for Apple too.
With several factors involved, let’s see what deal Apple can make for India to assemble the Apple Product. It is a possibility that Apple will bring down its prices little more for assembling at India. Currently, India’s official has taxes on electronic and smartphone products. This is another step for Make in India program, led by Modi Government.
Let’s see how this rolls in for both parties by April 2017.