1. Made in India: Apple could be starting production of iPhones in Bangalore from 2017

Made in India: Apple could be starting production of iPhones in Bangalore from 2017

The plant to manufacture and assemble iPhones will reportedly be set up by Apple's Taiwanese manufacturing partner Wistron, in Bangalore.

By: | Published: December 30, 2016 11:39 AM
apple, apple india, iphone india, apple manufacture india, apple in india, iphone in india, iphone production, iphone production india, apple iphone, iphone 7, iphone smartphone, apple production, apple news, iphone news, apple india news, iphone india news, smartphone india, smartphone news, tech news According to a report by IDC, India in 2017 will become the second biggest smartphone market after China, and the US will go to the third spot. This will give a big boost in the sales of Apple devices, especially iPhones which still have not made much of a mark in a big smartphone market like India. (Reuters)

US tech giant Apple is reportedly planning to set up a plant in Bangalore directed towards the production of iPhones, according to a Times of India report. The TOI report said that Apple declined to formally comment on the matter. But the report quoted industry sources who said that the production will start from April, next year. The plant, according to TOI will be set up by Apple’s Taiwanese manufacturing partner Wistron, at Peenya in Bangalore. Apple has reportedly been discussing the plausibility of making the iPhones in the country, with the government, with an aim to make inroads in the South Asian market.

Recently a source told FE that, the company had sought information on the kind of incentives, including taxation and other things, it would be provided if it starts manufacturing in India. Sources also said that an inter-ministerial panel might be discussing the likely incentives Apple would be provided if it wants to manufacture or assemble in India. The meeting between ministries of finance, industry, electronics and information technology, and commerce and environment could happen next week itself. Apple has also reportedly forwarded a wish list to the government.

Also read | What Apple wants from India to make iPhones here: all you need to know

As of now most of the products by Apple are produced in China, generally, by Foxconn Technology and in India it sells through local distributors and retailers. Earlier, Apple had sought permission for importing and selling of refurbished iPhones in the country but was opposed by many ministries including environment, industry and telecommunications. According to a report by IDC, India in 2017 will become the second biggest smartphone market after China, and the US will go to the third spot. This will give a big boost in the sales of its devices, especially iPhones which still have not made much of a mark in a big smartphone market like India.

Also read | Made in India Apple iPhones, iPads & Macs coming soon: report

According to a PTI report, recently there was a meeting between officials from Apple and Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek where matters of Foreign Direct Investment were discussed. The Wall Street Journal said that sources have informed that there was a letter given by Apple to the Indian government and later senior trade ministry authorities had a meeting with the company officials.

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