SI
SI
discoversearch

Technology Stocks : Apple Inc.
AAPL 156.25+0.2%Oct 20 8:10 PM EDTNews

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Moonray10/5/2017 8:22:42 AM
   of 199705
 
India considering exemptions sought by Apple, says government official
By Neha Dasgupta, Reuters - October 5, 2017

NEW DELHI (Reuters) - The Indian government is considering exemptions sought
by Apple Inc (AAPL.O) for setting up a unit to assemble iPhones, Ramesh Abhishek,
the top bureaucrat in the Department of Industrial Policy and Promotion, said on
Thursday.

The department is a part of India's commerce and industry ministry.

Apple has asked federal government officials for a range of tax and policy changes
to help build out its iPhone assembly work in India.

It is seeking permission to open its own retail stores in India where it currently sells
iPhones through resellers.

India has given Chinese smartphone maker Oppo the go-ahead to open its own
single-brand retail stores, boding well for rivals like Apple, which are seeking similar
approvals.

o~~~ O
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

Copyright © 1995-2017 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.