India Inc India Inc: Tuesday, 14 November 2017 06:06

Apple supplier Wistron eyes India expansion

Wistron Corp, Cupertino-based Apple Inc.’s primary iPhone assembler in India, is scouting for around 100 acres of land in Bengaluru to expand its facilities for the company.

The Taiwanese manufacturer, which began making the iPhone SE in India this year, may use the facilities to supply other brands too.

Apple has been a minor player in India, the world’s fastest growing smartphone market, largely because its phones are more expensive than those of rivals such as Samsung Electronics Co. and Xiaomi Corp.

Apple’s devices are particularly expensive in India because the government levies tariffs on devices manufactured outside the country. Its manufacturing in India has been limited to small volumes of the SE, a lower-end smartphone.

Apple is in negotiations with the Indian government over expanding manufacturing facilities and opening its own retail stores. The two sides have been meeting regularly to consider the phone-maker’s demands, which include exemption from duties on capital equipment, removal of customs duty barriers and the ability to import used iPhones to refurbish and export.

India Investment Journal’ has in-depth coverage on related topics.

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