Apple in talks with India to manufacture locally: WSJ – CNBC
The Journal said Apple, in a letter to the federal government in November, outlined manufacturing plans and asked for financial incentives.
Government representatives were not available to comment while an Apple spokesman in India did not immediately respond to an email from Reuters seeking comment.
Local manufacturing would help Apple open retail stores in the country where its iPhones account for less than 2 percent of Indian smartphones sales.
Taiwan’s Hon Hai Precision Industry Co Ltd (Foxconn), which makes Apple devices such as iPhones and iPads, has a manufacturing facility in southern India.