IPhone maker Apple and South Korean electronics giant Samsung should work with Indian companies to ensure this country becomes a hub of export for electronics, said Ravi Shankar Prasad, minister for this sector and for information technology.
He suggested Apple expand its manufacturing base in India and use the country as an export hub.At a long meeting with top executives from the industry, Prasad heard them on various issues and said his ministry and NITI Aayog would in the next two to three months work with them on incentives for the sector.
"Apple has started manufacturing phones in India, including components and...have started making iPhones for export...But, this is just the tip of the iceberg. I want a robust presence of Apple in India, a super-robust presence of Samsung in India, and other global companies," he said.
According to Apple, eight of its global suppliers have set up units in India. These being Sunwoda Electronic, Winstron Corporation, CCL Design (Suzhou) Co, Flex, Foxconn, Salcomp and Shenzhen YUTO Packaging Technology. Currently, Apple manufactures iPhones 6S and 7 from India.
Among companies represented at the meeting were Vivo, Oppo, Qualcomm, Xiaomi, Dell, HP, Bosch, Cisco, Flextronics, Foxconn, Nokia, LG, Panasonic, Intel, Wistron and Sterlite Technologies. The electronics industry body, Manufacturers Association of Information Technology was also present. It recommended production-linked export incentives, leveraging India’s geo-political influence and free trade agreement influence with countries to accept Indian standards as sufficient to access other markets. Also, identification of sub-sectors where India should lead the development of standards, such as 5G, medical electronics, cyber security and data communications...Read More
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