Apple is set to start making iPhones in India, minister says

Kharge added that the government will help Apple if it will look to form partnerships with other contract manufacturers in Bangalore in addition to Wistron.

Setting up a new plant in India would also be at odds with President Trump's call for American companies to create manufacturing jobs at home.

To show for all its efforts, Apple now has the regulatory green-light to set up direct stores, after the government tweaked foreign direct investment rules in June 2016.

Yes, Apple is going to start "manufacturing" iPhones in India this spring. "Apple's intentions to manufacture in Bengaluru is expected to foster cutting edge technology ecosystem and supply chain development in the State, which are critical for India to compete globally", he said.

However, although Apple said this week it is keen to "invest significantly" in India, it has not confirmed any plans.

Karnataka, which got 13th place in the ease-of-doing-business survey previous year, is leaving no stone unturned to make the Apple project a reality both for its snob value, and to silence criticism that Bengaluru is crumbling due to its traffic and infrastructure issues. This is due in part to the country's strict requirements for retailers and companies.

Less than 60000 visas denied due to Trump travel ban - State Dept
People rally with flags at Brooklyn Borough Hall as Yemeni bodega and grocery-stores shut down to protest U.S. In a later order from the court, Brinkema denied the request, formally a motion for an order to show cause.

Local manufacturing is expected to help Apple price its phones more competitively in India as it now attracts 12.5 per cent additional duty on imports.

Apple is to start making iPhones in the southern Indian state of Karnataka, the state's government has said. It will bring down the price of iPhones in India.

The Cupertino-based company reportedly gave the Indian government a list of demands prior to the announcement, including a 15-year tax holiday on imports.

"Apple Inc., will not come on board immediately until it completes the ongoing negotiations with the government of India", said a top government official. Last December, The Wall Street Journal reported that the company was in talks with Indian government officials to explore the possibility of manufacturing products locally.

However, Apple has been trying to convince the Central government for some concessions. 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.

Related News:

  • Japan Manufacturing Sector Accelerates In January - Nikkei

    The upturn in PMI reflected strong rates of output and new order growth in January, alongside a sustained rise in staffing levels. Input buying rose markedly, adding to the strain on supplier, while input costs continued to rise sharply.
    Guardiola will get it right at Manchester City - Dante

    Guardiola will get it right at Manchester City - Dante

    They have a chance to get back on track this Wednesday, but face a tricky match against West Ham United. He drove forward, passed out to Gabriel, took the first-time and tucked it into the bottom corner.

    Trump must level with public about ISIS fight

    In the formal executive memorandum, Trump declared that "It is the policy of the United States that ISIS be defeated". In a move that is considered a reciprocal one, Iraq has placed a ban on U.S. citizens entering the country.
  • 'Tesla Motors' officially changes its name to just 'Tesla'

    Finally, Stevens Capital Management LP acquired a new stake in Tesla Motors during the third quarter valued at about $4,092,000. Tesla Motors Inc has a 52 week low of $141.05 and a 52 week high of $269.34 Tesla Motors Inc's market capitalization is now $0.

    Facebook's revenue jumped 54 per cent in 2016

    Facebook said daily active users climbed 18%, to 1.23 billion, in December 2016, versus the year-ago period. Daily active users (DAU) reached 1.23 billion, an increase of 18 percent over the same time previous year .

    Tesla's electric auto falls short in IIHS crash tests

    IIHS plans to test another green vehicle , the all-electric Chevrolet Bolt, once it becomes widely available later this year. The BMW i3, a small electric city vehicle , was rated "acceptable" and "not good " on head restraints and seat safety.
  • Altria recalls smokeless tobacco products

    Altria recalls smokeless tobacco products

    It appears this is the first time in recent history the company has recalled its products, according to the FDA's archives. The products were manufactured exclusively in the company's Franklin Park, IL facility and distributed nationally.

    Former President George HW Bush to handle Super Bowl LI coin toss

    Last year, Bush took part in the coin toss before a game between the Houston Texans and the Detroit Lions, in Houston . This will be the second time the former president has performed the Super Bowl coin toss.

    Judge Blocks Order To Detain Green Card Holders At Dulles

    The United States President, Donald Trump executed an order banning the entry of immigrants from seven Muslim-majority countries. Immigration advocacy lawyers said that viewpoint minimizes the fear and uncertainty travelers underwent.
  • Arrival's Denis Villeneuve Officially Signs On For Dune

    Unless it's seriously altered and trimmed down, there's simply too much going on for one film. With Blade Runner 2049 still in the hopper, there's no release schedule on Dune quite yet.

    Acting Army Secretary Clears the Way for Dakota Access Pipeline

    National environmental groups joined the fray soon after, bringing the issue to global attention. A protest camp opposing the Dakota Access Pipeline sits under a supermoon.

    Gas Prices Continue to Decline Throughout US

    Dansville, which has had the lowest average price in the county for weeks, was down a penny from a week ago. That compares with the national average which has fallen 3.3 cents per gallon in the last week to $2.26.


Most liked

'GET SMART US' Trump tweets after Louvre Museum attack
Yesterday's incident came on the very day that Paris was submitting its formal bid dossier to host the 2024 Summer Olympics. French President Francois Hollande says there's "no doubt" that the attack was of a " terrorist nature".

Conservatives Reps. Warn Against Shrinking The Scope Of O'Care Repeal
He described repeal efforts as "rank speculation", saying nobody knows what will happen in Congress. The protections also include pre-existing conditions as a reason to deny coverage.

Procedural vote on Trump's education secretary pick expected Friday
Susan Collins of ME and Alaska's Lisa Murkowski are the first Republicans to vote against one of President Trump's Cabinet picks. In her hearing, she declined to commit to Title IX gender discrimination protections put in place by President Obama.

Question of the Day: Does Trump Think Frederick Douglass is Still Alive?
But Fox has treated me very nice. "Wherever Fox is, thank you", stated the President of the United States. Harriet Tubman, Rosa Parks, and millions more black Americans who made Americans what it is today.

DHS chief wants border wall done in 2 years
He also laid out a rough timeline for the massive project, saying he hoped the wall would be completed within the next two years. The plan is to build the wall where it's needed first and then fill it in, Kelly believed.

Toomey pops left's bubble - will back Trump education nominee Betsy DeVos
Grayson said she supported at least one idea proposed by Trump and DeVos: to give school districts greater control of education. The Senate confirmation vote for education secretary nominee Betsy DeVos could come down to one vote. "Mrs.

Filmmaker missing during a dive in the Florida Keys
A global wildlife photographer, Stewart has devoted his career to warning the world about threats facing sharks, other ocean life and humanity in general.

Lost Continent Crust Found in Mauritius
However, after the researchers performed a study on the rocks of the island they found zircons that were 3 billion years old. Researchers have discovered evidence for this continent hiding underneath through crystals carried in volcanic lava.

Peter Thiel citizenship file released
Following public pressure, New Zealand's government on Wednesday released 145 pages of documents revealing details of the deal. Mr Lees-Galloway is also criticising the timing of the release of the documents about how Mr Thiel was granted citizenship.

Austrian govt seeks to ban full-face veil in public
The ban would apply to the burqa and niqabs, which cover all or most of the face and are often worn by conservative Muslim women. The announcement was met with a backlash from Islamic groups and Austrian Muslims, who slammed the plan as discriminatory.

Ollie the Bobcat Hightailed It From the National Zoological Park
Ollie , a 25-pound female bobcat , went missing this morning from her enclosure at the Washington, D.C., zoo. Zoo staff are keeping the area around the exhibit closed, since the bobcat will likely hide from humans.

Chelsea prepare for "very angry", slightly desperate Liverpool
We could, however, be left with no more than a tussle for Champions League qualification after the next two rounds of fixtures. Goals from Richard Stearman and Andreas Weimann gave them their biggest FA Cup win since beating Newcastle United in 2003.

Ashton Kutcher's SAG Award Opening Remarks About 'Muslim Ban'
Washington has sat by and watched Casey Affleck ("Manchester by the Sea") earn Best Actor trophies throughout this awards season. Meanwhile, Lily Tomlin was presented with a lifetime achievement award by her 9 to 5 co-star Dolly Parton at Sunday's ceremony.

Donald Trump to speak with Saudi King, UAE and S. Korea President
The other four were from Egypt, Lebanon and the United Arab Emirates - none of which are included in the ban. Mr Trump spoke by phone with Saudi Arabia's King Salman and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed.

Didn\'t approve of Congress alliance, won\'t campaign: Mulayam
"But now with the "hand" joining the "cycle", we are confident of crossing the 300 seats mark", he added. To a question about the Bahujan Samaj Party (BSP) and its leader Mayawati, Mr.