Apple will reportedly start assembling iPhones in India over next two months. The tech giant is said to be in talks with the Indian government for import-tax exemptions on components.
Getting a foothold in India has been a challenge for Apple. The company has opened its retail stores in a number of countries around the world, but not in India. The country has restrictive real estate investment laws for foreign companies.
What’s more, India’s Finance and Commerce Ministries rejected Apple’s request to sell used iPhones in the country. Also, India wants a commitment from the Cupertino, California-base company to bring manufacturing facilities to the country before the government will approve the company’s request to open its own retail stores.
