Hindustan Times (Delhi)

Apple seeks relaxation of import norms to make in India

- Asit Ranjan Mishra asit.m@livemint.com

Apple Inc on Wednesday made a detailed presentati­on to an inter-ministeria­l group about its plans to manufactur­e iPhones in India but insisted on easier import rules and sought long-term fiscal concession­s as pre-conditions for expanding its operations in the country.

A government official present at the meeting said the presentati­on was made to officials from the department­s of electronic­s, revenue, environmen­t and commerce and industry. “No decision has been taken yet. The electronic­s and revenue department­s have been asked to submit their responses on the demands of Apple, after which a decision will be taken,” the official said, requesting anonymity.

The Wall Street Journal quoted an unnamed government official as saying “it’s almost a done deal” and adding that many of the things sought by Apple are “workable”. Mint couldn’t independen­tly confirm this. WSJ also quoted a second government official on the incentives sought by Apple — a 15-year tax holiday on the import of components.

Apple executives, including global vice-president (iPhone operations) Priya Balasubram­anian, met commerce and industry minister Nirmala Sitharaman on Tuesday.

“We have been working hard to develop our operations in India. We appreciate the constructi­ve and open dialogue we have had with the government about further expanding our local operations,” an Apple spokespers­on said in an e-mail.

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