Apple iPhone will now be manufactured in Bengaluru, India. The Karnataka government has issued a press release “welcoming to move” to invite manufacturing cell of Apple Inc. As Apple is taking initiative to the route of “Make in India” with its iPhones, it will definitely result in a significant contribution to the Indian Economy.
Without an iota of doubt, Indian iPhone will be cheaper due to domestic manufacturing. Now you will be able to get iPhone with approximate 10% reducing price. This means a huge amount will be saved by Indians.
The manufacturing of iPhone will not be a difficult task as Apple’s manufacturers Foxconn and Wistron Corp are already in India. Wistron has applied for the permission to develop its plant in Bengaluru, India.
Last year, Apple CEO Tim Cook visited India and discussed the matter of manufacturing Apple iPhones with Prime Minister Narendra Modi. At that moment, no official confirmation was given. Still it was indication that Apple wants to expand its manufacturing in Indian market.
“Apple’s intentions to manufacture in Bengaluru will foster cutting edge technology ecosystem and supply chain development in the state, which are critical for India to compete globally,” the government of Karnataka State said in a statement.
Apple has kept some of the demands in front of the Indian government prior to start manufacturing iPhones. Apple wants to have 15-year Custom duty holiday on import of iPhone kits (new as well as used). It is not confirmed that what will be the decision of Indian government. The government will definitely consider upon the Apple’s request as Apple provides higher technology smartphones containing least hazardous substances. Besides this, Apple wants to have the permission to open its own exclusive stores in India without partnership with other retailers. This demand was approved by the government.
On the demand of concessions by Apple, Information Technology Minister Ravi Shankar Prasad said, “India would consider Apple’s request for incentives to invest in the country with an open mind.” On its part, the government of Karnataka said that it was “committed to new initiatives in any sector for manufacturing and will provide a conducive environment for investment.”
Now the consent of government on these demands will decide whether the wish of having Indian iPhone will be fulfilled or still have to wait for a long time.