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So is it foxconn who is setting up a plant ?
Congratulations But Last Time I Heard Apple Was Facing Some Regulatory Hurdles.Has Modi Removed Them???
and also tried to sell used phones in India which was flatly refused by the govt. Good going I would say, after 3 years we should ask them manufacture most of the products in the country or pack up.They tried to make stores in India, bypassing these rules. Didnt work, now we're hearing this. Came to some sort of an agreement.
Apple do not make their own products they outsource them to people like foxcon , guess they will start assembling apple devices here. hopefully that will drive down the price and we do not end up paying a premium over the prices in the US.
There were no regulatory hurdles....but rather Apple wanted some sugar to sweeten the deal. They wanted tax free holiday and a few other specific concessions....but they will not be getting this tax free holiday and we have to wait and see the rest of the details of any concessions regarding say component import tariffs and such.
I Am Not Talking About Tax Concessions That Should Not Be a Big Deal.I Remember Apple Asked For Some Intellectual Property/Data Protection.Wanted To Know Progress On That
We are not developed countries, we are still the largest developing country in the world.China is now a developed nation and is making bigger machines, it good these jobs are going to India instead of other nations
We are not developed countries, we are still the largest developing country in the world.
Yes a developing nation which can defend against USA in a War, when other developed natins cant lol