Since the beginning of last year, Apple produced iPhone SE in India. In order to further expand its market share in India, Apple requested the Indian government to postpone a plan to increase import tax on mobile phone parts, but Apple’s desire may be frustrated.
According to Reuters, informed sources said that although India welcomes Apple's production of iPhone in India, the government has informed Apple that it is impossible to provide policy exemptions.
A senior official of the Indian government said: “We have already informed them and welcome to invest in India, but we cannot do anything beyond policy.â€
India is currently the fastest growing market for smartphones in the world. Especially in recent years, the sales of smart phones in India have surged, but this is not much related to Apple. Its share is very poor, only about 2%.
In order to seize this huge potential market, Apple plans to increase investment in India, but due to the current lack of an ideal parts ecosystem in India, Apple has to use imported methods to solve.
The Indian government imposes a 10% import duty on components such as batteries, chargers, and headphones. This is not a small output for Apple, so the above requirements have been met.
In addition, Apple also asked the Indian government to grant incentives for capital equipment and allow import and export of repaired mobile phones and other preferential policies.
Informed sources said that Apple's rejection will affect their expansion plans in the Indian market, when India and Apple may not benefit.
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