PM Modi to meet Apple CEO Tim Cook during US visitNew Delhi: Prime Minister Narendra Modi could meet Apple CEO during his six days visit to United states.Accordig to Times of India, Apple is planning to invest in building manufacturing capacities in India, which could
New Delhi: Prime Minister Narendra Modi could meet Apple CEO during his six days visit to United states.
Accordig to Times of India, Apple is planning to invest in building manufacturing capacities in India, which could come as a big push for Modi's 'Make in India' project.
As per the report, Apple may be considering manufacture in India for third country markets.
At the same time the tech giant may also consider facilities in India to refurbish its products.However, for this India would have to change its policy as at present refurbishing is not allowed under India's industrial policy.
Apple has registered 93% growth in its i phone sales in the third quarter which is faster than the growth in markets in Greater China which stood at 87%.
Apple uses manufacturing facilities of Foxconn which has recently promised to invest around $5 billion in a manufacturing facility in Maharashtra.
Modi is scheduled to meet facebook CEO Mark Zuckerberg and Indian American entrepreneurs from the Silicon Valley during his visit too.
The Prime Minister will be on a visit to Ireland and the USfrom September 23 to 29 during which he will address the UN General Assembly and also visit Google headquarters in the Silicon Valley.