An iPhone assembling plant may not really be such a big deal for India
The world’s most valuable company, Apple Inc., is in the process of negotiating terms for setting up a manufacturing facility in India. So far, the Indian government doesn’t appear to be in the mood to grant the tax concessions and duty exemptions the company is asking for but given the pressure to back Prime Minister Narendra Modi’s “Make in India" programme, it may eventually agree to some of them. After all, Apple manufactures its iconic phones in only two countries, China and Brazil. Joining that elite list would be a feather in India’s cap.