Apple Requesting Financial Incentives to Build iPhones in India

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Apple has asked the Indian government to provide financial incentives that would allow the company to manufacture products such as the iPhone in the country, a new report reveals.

Apple has been looking into ways to expand its operations in India for more than a year, but due to local laws that require foreign companies to manufacture products in domestic plants, Cupertino’s efforts came to no conclusion.

The Wall Street Journal is now reporting that Apple officials are discussing with the Indian government plans to begin production in the country, after the company originally sent a letter to detail these efforts last month.

Citing two government sources, the WSJ writes that Senior Trade Ministry authorities have already … (read more)

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