LATEST NEWS – For months, tech-giant Apple has been seeking ways to enter the Indian market while upholding ‘business facets’ – minimum risk and maximum profit. However, if Tim Cook thought he would have it easy with India, he’s probably mistaken – Indians are admirably better at setting terms and conditions of a bargain than most others.
Last month, Apple announced plans to make iPhones for the Indian market in Bengaluru in association with Wistron, a Taiwanese OEM manufacturer for Apple and will start production by April 2017.
According to reports published in The Business Standard, Foxconn, the biggest contract manufacturer for Apple has also been roped in to set up a manufacturing unit in India.
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