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Apple seeks tax breaks for suppliers to make iPhones in India: Sources

Govt officials say meeting this request would require a new policy

Reuters  |  New Delhi 

Apple Inc has asked the Indian government to extend tax breaks to its suppliers if India seeks to become a manufacturing hub for iPhones and its components. Government officials say meeting this request would require a new policy that applies fairly to other device makers, too. The U.S. tech giant has been in talks with Indian officials since May of last year, when CEO Tim Cook and Prime Minister Narendra Modi agreed to set up a production base in the country that goes beyond just assembling the devices, as happens today. The two sides have been discussing a list of ...

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First Published: Wed, August 02 2017. 02:30 IST
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