The Government wants iPhone maker Apple to consider a new manufacturing scheme offering duty benefits to set up its plants in the country.
“Apple had asked for a set of concessions. For a period of 15 years all the components that Apple imports, they want them to be free of duty. We have a phased manufacturing programme (PMP) because we want more and more value addition to come to the country. We want them to understand how this PMP will work and how they can dove tail into that,” Ministry of Electronics and IT Secretary Aruna Sundararajan told reporters on Saturday.
She was speaking on the sidelines of the annual session of the Confederation of Indian Industry (CII). IT and law Minister Ravi Shankar Prasad has approved PMP and the Government set to notify it.
