The Cupertino-based iPad manufacturer Apple has asked for certain concessions for setting up manufacturing unit in the country.
Apple India had sought concessions, including duty exemption on manufacturing and repair units, components, capital equipment and consumables for smartphone manufacturing and service/repair for a period of 15 years.
The company also wants relaxation in the mandated 30 per cent local sourcing of components, besides reduction in customs duties on completely-knocked-down and semi-knocked- down units of devices that are to be assembled in the country.
Apple does not manufacture devices on its own but gets the job done through contract manufacturers. It sells its products through company-owned retail stores in countries like China, Germany, the US, the UK and France, among others.
It has no wholly-owned store in India and sells its products through distributors such as Redington and Ingram Micro.