India may have found creative way to offer local iPhone manufacturing incentives to Apple<div class="feat-image">
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<p>It appears that the <a href="
https://9to5mac.com/guides/india/" target="_blank">Indian[/url] government may have found a creative way to agree to Apple’s request for <a href="
https://9to5mac.com/2016/12/29/apple-india-manufacturing-incentives-government/" target="_blank">financial incentives[/url] to manufacture iPhones within the country – without being seen to give special treatment to one particular company. Apple had asked for a number of concessions, including a 15-year import duty on iPhone components, manufacturing equipment and consumables.</p>
<p>Earlier reports had described conflicts between different government departments with differing objectives. The IT and industry ministries wanted to agree to Apple’s terms, as it would be a big win to sign up the world’s largest company to its Made In India program, while the finance ministry was reluctant to lose the import duty revenue.</p>
<p>Two reports today suggest that the government may have found a creative way out of the impasse …</p>
<p> <a href="
https://9to5mac.com/2017/01/18/apple-india-government-import-duty-iphones/#more-463686" class="more-link">more…[/url]</p>
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India may have found creative way to offer local iPhone manufacturing incentives to Apple