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  Business   Companies  05 Oct 2017  India considering exemptions sought by Apple, says government official

India considering exemptions sought by Apple, says government official

REUTERS
Published : Oct 5, 2017, 2:22 pm IST
Updated : Oct 5, 2017, 2:22 pm IST

Apple has asked federal government officials for a range of tax and policy changes to help build out its iPhone assembly work in India.

The Indian government is considering exemptions sought by Apple Inc for setting up a unit to assemble iPhones, said a government official. Photo: AFP
 The Indian government is considering exemptions sought by Apple Inc for setting up a unit to assemble iPhones, said a government official. Photo: AFP

New Delhi: The Indian government is considering exemptions sought by Apple Inc for setting up a unit to assemble iPhones, Ramesh Abhishek, the top bureaucrat in the Department of Industrial Policy and Promotion, said on Thursday.

The department is a part of India’s commerce and industry ministry.

Apple has asked federal government officials for a range of tax and policy changes to help build out its iPhone assembly work in India.

It is seeking permission to open its own retail stores in India where it currently sells iPhones through resellers.

India has given Chinese smartphone maker Oppo the go-ahead to open its own single-brand retail stores, boding well for rivals like Apple, which are seeking similar approvals.

Tags: apple inc, apple store, apple india
Location: India, Maharashtra, Mumbai (Bombay)