What does this mean?
More than that, Apple will be able to sell the iPhone directly to consumers, because the exemption on the 30% local input will allow the company to open official retail stores. This will further reduce prices and make Authorized Resellers a thing of the past. With this, Apple will be able to provide service to their customers in a direct manner.
Apple has not commented about manufacturing in India, and we sill do not know specific details, including when the manufacturing will actually begin. If all goes well, the iPhone will be manufactured in India this year.
As the China mobile phone market stagnates, India becomes a huge opportunity for companies like Apple. Manufacturing in India will mark a new era in the Apple’s gameplan for India.
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Source: TOI, The Indian Express, Quartz