Ministers to take up Apple wish list
New Delhi, Dec. 29: A group of senior officials from ministries, including commerce and finance, will early next month deliberate on the incentives sought by US-based iPhone maker Apple to set up a manufacturing unit in the country.
Officials from departments of commerce, industrial policy and promotion (DIPP), revenue, environment and forest, electronics and information technology (DeITY) will attend the meeting.
The group is likely to meet in the first week of January to discuss the issue, sources said.
In a communication to the government, the Cupertino-based technology major has asked for several tax and other incentives to enter India in the manufacturing sector.
However, government sources said the technology-major should set up the manufacturing unit in India without seeking additional support.
“Several companies in India are manufacturing mobile phones in India. Nobody is asking for additional incentives. Currently, the government provides sufficient support to boost electronic manufacturing,” they added.
The Centre provides benefits under Modified Special Incentive Package Scheme to boost electronic manufacturing.
Currently, Apple’s products are manufactured in six countries, including Korea, Japan and the US.
Earlier, the finance ministry in May had rejected relaxing the 30 per cent domestic sourcing norms, as sought by the iPhone and iPad maker as a precondition for bringing in FDI to set up single-brand retail stores in the country. Apple had sought exemption on the ground that it makes cutting-edge technology pro-ducts for which local sourcing is not possible.
THE GROUP is likely to meet in the first week of January to discuss the issue.
OFFICIALS FROM departments of commerce, industrial policy and promotion (DIPP), revenue, environment and forest, electronics and information technology (DeITY) will attend the meeting.