New Delhi — Apple has asked India to defer a planned increase in import taxes on cellphone parts so it can expand its iPhone manufacturing in the country, but the government is unlikely to accede, people familiar with the matter said. The US technology giant has been in talks with Indian officials for months, seeking "pre-requisites" — government tax breaks and incentives — for expanding its operations in one of the world’s fastest-growing smartphone markets. During those talks, Apple has conveyed it wants India to defer an existing policy that plans to levy taxes on more imported mobile components in line with Prime Minister Narendra Modi’s "Make in India" drive to boost domestic manufacturing. While India’s government has been keen to get Apple to manufacture in India as a showpiece investment, it has told the US firm there would be no policy exemptions, so no tax breaks on parts imports, the people said. "Apple wants duty-free imports of components. India wants indigenisation," s...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.