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Abtak.com - Business Technology - News Image
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BusinessTechnologyOct 17, 2025 01:32 AM

Exclusive: Apple lobbies India to change tax law seen hindering its expansion, sources say

NEW DELHI, Oct 15 (Reuters) - Apple is lobbying India's government to modify its income tax law to ensure the company is not taxed for ownership of high-end iPhone machinery it provides to its contract manufacturers, an issue seen as a hurdle to its future expansion, sources say. The push coincides with Apple's growing India presence as it diversifies beyond China. Counterpoint Research says iPhone's share in the Indian market has doubled to 8% since 2022. And while China still accounts for 75% ...Read More >

News Nation English - Business - News Image
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BusinessJul 11, 2025 03:38 PM

Recall of Chinese engineers from Foxconn India factory is opportunity for India: Govt source

New Delhi [India], July 11 (ANI): The recall of Chinese employees from the Foxconn India factory, which manufactures Apple iPhones, wont impact mobile production in India, said a senior government official. The official added that it is, in fact, an opportunity for India. I would look at it more as an opportunity. If the workers want to go back, it between the company and the workers. They will have to make arrangements to ensure the work continues -- production wont be impacted. We facilitated ...Read More >

mint - Business - News Image
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BusinessJul 11, 2025 03:06 PM

Recall of Chinese engineers from Foxconn India factory is opportunity for India: Govt source | Compa...

New Delhi [India], July 11 (ANI): The recall of Chinese employees from the Foxconn India factory, which manufactures Apple iPhones, won't impact mobile production in India, said a senior government official. The official added that it is, in fact, an opportunity for India. "I would look at it more as an opportunity. If the workers want to go back, it's between the company and the workers. They will have to make arrangements to ensure the work continues -- production won't be impacted. We facili ...Read More >

mint - Business - News Image
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BusinessJul 11, 2025 01:49 PM

Apple has alternatives to handle return of Chinese techies from Foxconn: Sources | Mint

New Delhi, Jul 11 (PTI) The government is monitoring production targets at Foxconn and believes that Apple has alternatives to handle issues related to the return of Chinese professionals from Taiwanese electronics manufacturer's plant in India, sources said on Friday. Hundreds of Chinese technology professionals who were facilitating and managing production at Foxconn plants in India have returned to China triggering speculation that it may hamper production of the upcoming iPhone 17 series. ...Read More >

The New Indian Express - Other - News Image
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OtherJul 03, 2025 12:09 PM

Foxconn recalls Chinese staff from India; Apple's local expansion faces setback

CHENNAI: Foxconn Technology Group, the Taiwanese contract manufacturer best known for assembling Apple's iPhones, has recently recalled several hundred Chinese engineers and technicians from its operations in India. This development marks a significant challenge for Apple's strategic shift to diversify its production base outside of China, especially as it prepares to ramp up manufacturing of the upcoming iPhone 17. According to a Bloomberg report, more than 300 Chinese staff have already exite ...Read More >

idnfinancials.com - Business - News Image
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22
BusinessJun 03, 2025 03:02 PM

iPhone surges in India, Trump fumes -- will the price hit IDR 45 million?

NEW DELHI - Apple is accelerating its shift of iPhone production to India, a move that has proven highly successful. According to a report by research firm Omdia, cited by the Economic Times, exports of India-made iPhones to the United States soared by 76% year-on-year, with 2.9 million units shipped in April 2025 alone. This move is part of Apple's strategy to diversify away from its heavy reliance on China, which is now grappling with geopolitical tensions and rising US import tariffs. Howe ...Read More >

The Times of India - Business Technology - News Image
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BusinessTechnologyNov 18, 2024 05:14 AM

Tatas to buy stake in Apple partner Pegatron's India business - Times of India

NEW DELHI: Tata group will buy into the India operations of Apple's manufacturing partner Pegatron almost a year after acquiring the business of another supplier Wistron. The deal will make the company one of the biggest contract suppliers to the American electronics giant, along with Taiwanese giant Foxconn. Tata group, which has been making inroads into manufacturing ecosystem of Apple and has started making latest generation of iPhone 16, will be buying around 60% in operations of Pegatron ...Read More >

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