4 C
London
Saturday, April 20, 2024
HomeBusinessIndia gets first bite of Apple, iPhone maker to make in Bengaluru

India gets first bite of Apple, iPhone maker to make in Bengaluru

Date:

Related stories

India seeks carbon tax exemption in trade talks: report

INDIA is pressing for an exemption from the UK’s...

Infosys Q4 net soars 30 per cent, revenue up 1.3 per cent

INDIAN IT services major Infosys has said its consolidated...

New Asda for Salisbury approved by Wiltshire council

PLANS for a new Asda in Salisbury have been...

Public has pessimistic view on AI, 52% are nervous of using it: Study

The annual Stanford AI Index Report 2024 highlights several...

Airtel to merge Sri Lanka operations with Dialog Axiata

BHARTI AIRTEL and Dialog Axiata are set to merge...
The Government of Karnataka today said it welcomes Apple Inc.’s proposal to commence initial manufacturing operations in the city.
“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,” an official release signed by Karnataka IT Minister Priyank Kharge said
It said Apple’s representatives, led by Priya Balasubramaniam, VP iPhone operations, Ali Khanafer (Head, Government Affairs),Dheeraj Chugh (Director,iphone operations) and Priyesh Povanna (Country Counsel) met Ministers and officials of the Karnataka Government and had positive discussions about the initiatives in manufacturing and possible collaborations with state Government in other areas.
The release did not detail about what the initial manufacturing operations would be. However, reports quoting highly placed government sources had earlier said that the iconic iPhones would be manufactured in Bengaluru by Wistron, a Taiwanese OEM maker for Apple.
“Wistron has plans for setting up iPhone manufacturing plant for domestic market in Peenya,” they had said.
Apple’s decision on initial manufacturing in Bengaluru has further enhanced the city’s reputation as the most preferred destination for foreign investment and further validation of State Government policies aimed at fostering manufacturing, innovation and investments in Karnataka, the release added.
Local manufacturing is expected to help Apple price its phones more competitively in India as it currently attracts 12.5 per cent additional duty on imports.
This would be Apple’s second big project for Bengaluru. In May, Apple had announced setting up a design and development accelerator in the city to grow the iOS developer community. The announcement was made as part of the visit of Apple CEO Tim Cook to India.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here

seventeen − 14 =