New Delhi: Commerce and Industry Ministry is against giving special concession to US-based iPhone maker Apple for setting up manufacturing unit in the country.
The ministry believes when no such concession has been given to any other phonemaker why it should be extended to Apple Inc.
It believes that India is the best place to set up manufacturing units and as many as 42 companies are making mobile phones in India, including Chinese firm Huawei and Xiaomi.
Apple in a communication to government has asked for several tax and other incentives to enter India in the manufacturing sector. “They are asking for concessions which others are not asking for. Why should they be given (these concessions),” said governmental officials. A group of senior officials from ministries, including commerce and finance, would this month deliberate on the incentives sought by Apple to set up a manufacturing unit.
The government already provides benefits under the Modified Special Incentive Package Scheme to boost electronic manufacturing in the country.
