Apple looks to build manufacturing unit in India
Science

Apple looks to build manufacturing unit in India

Apple likely to start assembly trials in India from May

Karnataka officials said that Apple is likely to start assembly of its phones in India from May on a trial basis, irrespective of whether the Centre approves their concession requests.

Taiwanese manufacturer Wistron, with which Apple has a deal, will begin operations at its Bengaluru unit.

Meanwhile, Apple will continue pursuing its tax waiver proposal with the Centre, which reportedly hasn't made much headway.

Timeline
About

Apple

Apple is an American technology behemoth, popular for its range of iPhones, iPads, iPods and Macbooks.

Headquartered in Cupertino, California, the company develops and sells its range of devices and software.

The recent hits for the company were its line of Apple TV media player and Apple Watch.

Founded 40 years ago, the $178 billion-worth tech giant is headed by Tim Cook.

12 Jun 2015

India's 'Make in India' drive

India's 'Make in India' drive

With Prime Minister's 'Make in India' drive to boost manufacturing in India, reports surfaced last year that one of Apple's manufacturers, Foxconn Technology, was eyeing Indian shores for manufacturing iPhones.

The company was reported to consider building nearly 12 manufacturing facilities in India by 2020.

Units in India would help Foxconn combat higher wage inflation in China and help drive sales to neighbouring markets.

Fact

India's expansive smartphone market

"The smartphone boom in India indicates the time is just right to focus on expansion plans and increasing volume in India to a comparable level with the China market in the next five years," said Sky Li, Vice President of phone manufacturer OPPO.

Manufacturing

Where are Apple devices assembled and manufactured?

Currently, Apple has a fascinating line of suppliers who provide the components for assembling its massive range of products.

The suppliers are mostly based in South-East Asia, with a majority of them being sourced from China.

With most of its devices being manufactured and assembled in China, it has enabled Apple to meet high-demand manufacturing with cheaper labour costs.

Fact

Apple's costs vs final product cost

Market research firm IHS's study revealed that it cost the American company $236 to manufacture an iPhone 6S Plus, whilst it charged the consumer nearly three times the cost and retailed at $749.

07 Nov 2016

Apple eyes incentives to start manufacturing unit in India

Apple eyes incentives to start manufacturing unit in India

Tech company Apple is exploring multiple incentives from the Indian government to set up its manufacturing unit in the country, according to government officials.

Currently, the government provides benefits under a scheme that looks to attract investments by providing subsidies ad reducing the import bill.

Apple has no retail unit in India and sells its products through other distributors like Redington and Ingram Micro.

25 Mar 2017

Apple's tax concession demands to be considered after GST rollout

Apple's demands for tax incentives will have to be postponed as Commerce and Industry Minister Nirmala Sitharaman said it can be considered only after the rollout of GST.

The government, which will have to look at Apple's demands "from a different angle", had rejected most of its other demands too, she added.

Apart had sought various relaxations to set up a domestic manufacturing unit.

20 Apr 2017

Apple likely to start assembly trials in India from May