It emerged earlier this month that Apple had plans in place for Foxconn to start manufacturing its latest iPhones in India sometime in the near future. Likewise, Samsung continues to focus heavily on its Indian manufacturing facilities. But before putting any further plans into action, it seems the two are seeking some incentives.
Through the Indian Cellular and Electronics Association (which also includes members such as HTC, Motorola, Sony and LG), both Apple and Samsung are requesting a number of tax breaks for exports that’ll make manufacturing in India equally as attractive as China. ...
Friday 25 January 2019
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