Govt asks Apple to unveil employment and investment plans

Must Read

President Ram Nath Kovind appoints new governor for Kerala, Telangana, Himachal Pradesh and Maharashtra

President Ram Nath Kovind appointed new governors for Maharashtra, Kerala, Telangana, Rajasthan, and Himachal Pradesh on Sunday. https://twitter.com/ANI/status/1168037199767457792 Former Union Minister Kalraj...

NRC list for Assam released; Fear looms as 19 lakh people face exclusion

NRC (National Register of Citizens) for Assam has been published at 10 am today. The final list excludes over...

Lateral Entry Era Begins as Union govt. appoints 9 professionals to Joint Secretary posts

The government has appointed its first batch of private professionals to the post of Joint Secretary in various ministries....

Apple has set up a manufacturing plant in Bengaluru to welcome Narendra Modi’s ‘Make in India’ policy. The company has already begun the initial production of 4-inch iPhone SEs last month. Now, American based company Apple is seeking concessions for manufacturing iPhones in India.

But first Indian government wants the company to tell them about their plans to invest in India and creating jobs before considering their request for tax concession. The government wants iPhone maker to inform them in detail before taking any future steps towards their request.

Modi government has been urging foreign investors to make products in the country as part of its ‘Make in India’ policy, which aims to increase the share of domestic manufacturing in the $2 trillion economy and create jobs.

Last year, the company had sought several incentives, including lower duties for importing components and equipment for a period of 15 years. However, the finance ministry turned down the company’s demands.

- Advertisement -

Latest News

Donald Trump says US-Japan reach initial trade agreement regarding ‘tariff barriers’

Washington DC, Sep 17: Japan and the United States had recently concluded their initial bilateral trade agreement in regards to...

Saif, Amrita cheer for ‘graduate’ Sara in throwback video

Mumbai, Sep 17 (IANS) Actress Sara Ali Khan was all smiles in a throwback video while sharing the stage with Nita Ambani and Bollywood...

Real Madrid fans are more ‘real’ than Chelsea’s, feels Hazard

Paris, Sep 17 (IANS) Real Madrid supporters are more invested in the club than Chelsea fans, feels the club's new star recruit Eden Hazard.Hazard...

Oil Cos. maintain check, petrol-diesel prices may not spike

By Subhash NarayanNew Delhi, Sep 17 (IANS) Consumers in India are unlikely to be overburdened with high retail price of auto fuels - petrol...

ALERT: Houston’s ‘Howdy Modi’ event will have multiple messages, including for Pak: EAM

--Indo-Asian News Servicern/in Disclaimer This article is published directly through a syndicated feed and not edited by The Indian Wire staff.
- Advertisement -

More Articles Like This