Friday, December 30, 2016

Apple to set up manufacturing hub in Bangalore

Image result for apple iphone images

Apple, the world's most valued company, pride of America, is setting up a assembly plant in Bangalore. 

Apple plans to make iPhones for the Indian market in, Peenya industrial hub, Bengaluru. Wistron, a Taiwanese OEM maker for Apple, is setting up a facility in Peenya, the city's industrial hub, to manufacture the iPhones. The facility will start production from next April.

Apple though market leader worldwide for smart phones, has market share of 2% in India. Apple smart phones are the costlier than other phones, for various reasons. Manufacturing in India is expected to bring down the prices by 20%, as there will be big savings on customs duty. 

Apple has also sought incentives which is under considerations by Central government.

No comments:

Post a Comment