Just a moment...

Top
Help
AI OCR

Convert scanned orders, printed notices, PDFs and images into clean, searchable, editable text within seconds. Starting at 2 Credits/page

Try Now
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    No Records Found
    ❯❯
    MaximizeMaximizeMaximize
    0 / 200
    Expand Note
    Add to Folder

    No Folders have been created

      +

      Are you sure you want to delete "My most important" ?

      NOTE:

      News
      Showing Results for :
      Reset Filters
      Results Found:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        Showing Results for : Reset Filters
        Case ID :
        Customs & Trade

        Apple investment plans in India intact, proposes India to be major manufacturing base: Source

        May 15, 2025

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        New Delhi, May 15 (PTI) iPhone maker Apple's investment plans for India are intact and the company proposes to have a major manufacturing base for its products in the country, government sources said.

        Soon after US President Donald Trump made a statement that he has asked Apple CEO Tim Cook to cut India manufacturing, Indian officials spoke to executives of the Cupertino-based firm.

        Apple executives assured the Indian government officials that the company's investment plans are intact and the country would be a major manufacturing base of Apple.

        "Apple has said that its investment plans in India are intact and it proposes to continue to have India as a major manufacturing base for its products," the source said.

        E-mail query sent to Apple in this regard elicited no immediate response.

        Earlier in the day, Trump said he spoke to Cook and told him that he doesn't want Apple to make its products in India and instead increase production in the US.

        "We have Apple, as you know, it's coming in. And I had a little problem with Tim Cook yesterday. I said to him, Tim, you're my friend. I treated you very well. You're coming in with USD 500 billion. But now I hear you're building all over India. I don't want you building in India. You can build in India if you want to take care of India," Trump said.

        He said that India is one of the highest tariff nations in the world and it is very hard to sell into India.

        "They've (India) offered us a deal where basically they're willing to literally charge us no tariff. So we go from the highest tariff. You couldn't do business in India... But I said to Tim...we treated you really good. We put up with all the plants that you built in China for years. Now you got to build us. We're not interested in you building in India. India can take care of themselves. They're doing very well. We want you to build here. And they're going to be upping their production in the United States, Apple," Trump said.

        Cook has announced that Apple will source the majority of iPhones sold in the US from India in the June quarter while China will produce the vast majority of the devices for other markets amid uncertainty over tax tariffs.

        According to government sources, 15 per cent of iPhone's global output comes from India. Foxconn, Tata Electronics and Pegatron India (majorly owned by Tata Electronics) are engaged in manufacturing iPhones.

        Foxconn has also started manufacturing Apple Airpods in Telangana for exports.

        According to an analysis by S&P Global, iPhone sales in the US were 75.9 million units in 2024, with exports in March from India at 3.1 million units, suggesting a need to double shipments either through new capacity or redirecting shipments bound for the domestic market.

        "Apple's Indian exports already headed predominantly to the United States, which represented 81.9 per cent of phones exported by the firm in the three months to February 28, 2025. That increased to 97.6 per cent in March 2025 as a result of a 219 per cent jump in exports, likely reflecting the firm looking to preempt higher tariffs," S&P Global Market Intelligence report said.

        Union Minister Ashwini Vaishnaw had in April announced that iPhones worth Rs 1.5 lakh crore were exported from India in fiscal year 2025.

        The Apple ecosystem in India is one the biggest job creators in the country. It is estimated to have employed around 2 lakh people across various vendors in the country. PTI PRS RR ANU

        Manufacturing base plans remain intact as Apple confirms India will continue as a major production hub despite external trade pressure. Apple has assured Indian officials that its investment plans are intact and that India will remain a major manufacturing base, despite external political pressure to shift production. Contract manufacturers including Foxconn, Tata Electronics and Pegatron India produce roughly 15% of global iPhone output in India and have expanded exports-particularly to the US-alongside production of accessories like AirPods. These shifts reflect tariff and trade considerations and underpin a substantial employment footprint across Apple's Indian supplier ecosystem.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Manufacturing base plans remain intact as Apple confirms India will continue as a major production hub despite external trade pressure.

                                Apple has assured Indian officials that its investment plans are intact and that India will remain a major manufacturing base, despite external political pressure to shift production. Contract manufacturers including Foxconn, Tata Electronics and Pegatron India produce roughly 15% of global iPhone output in India and have expanded exports-particularly to the US-alongside production of accessories like AirPods. These shifts reflect tariff and trade considerations and underpin a substantial employment footprint across Apple's Indian supplier ecosystem.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found