ã€World Wide Web Reporter Lindi】 According to Indian media The Hindu reported that India’s Minister of Commerce Suresh Prabhu said that India is “very happy†about Apple’s plans to expand its local manufacturing operations in India. , and support Apple's establishment of the manufacturing sector in India, now waiting for a formal proposal. Figure: India's government supports Apple's plans to expand its manufacturing business in India "We are waiting to get a good proposal from Apple. We will be very happy to receive all kinds of ideas and suggestions from Apple because it is one of the most popular brands in the world. They have encountered any problems in manufacturing. Difficulties, we are also very happy to help solve the relevant problems. Therefore, we will wait for formal proposals.†Prabhu said. According to the British "Daily Mail" report, as early as February of this year, Apple plans to set up a factory in Bangalore, India, dedicated to the assembly of the iPhone SE. Apple hopes to use this to reduce costs and expand India’s market share; and hopes that India will provide relevant preferential policies, but the Indian government has made almost no compromise in key regulations. Despite this, as iPhone SE continues to grow its revenue in India, Apple Inc. Taiwan-based Wistron is seeking to expand its production facilities in India. According to informed sources, the company has initially “delineated†several plots near the airport, and the facility is expected to occupy about 100 hectares. Apple CEO Cook has repeatedly mentioned that the Indian market has "great potential". At the same time, he also admitted that this big cake still needs Apple's "continuous exploration." According to data from market research firm Counterpoint Research, in terms of sales volume, Apple’s current share of the Indian mobile phone market is only 2.2% due to high product prices. The fact is that the price of Apple's new mobile phone is more than 60,000 rupees (approximately 6,126 yuan), and about 80% of Apple's mobile phones sold in India are priced at 10,000 rupees (about 1021 yuan). Therefore, to further open the Indian market, it is necessary to reduce the price of the iPhone. According to reports, Apple once proposed to India that it hopes to import refurbished mobile phones and sell them to Indian price-sensitive consumers at low cost. The proposal was shot down by certain government departments because people feared that it might involve scrapping the product, leading to e-waste disposal. In addition, Apple has further pushed down the profitability of Indian retailer iPhone X (from 6.5% to 4.5%), while the profit margin of other mobile phones is about twice as high. This move has caused some Indian retailers to no longer sell the product. Then, establishing a production line directly in the local area can minimize the cost of the iPhone. Therefore, Cook has been working hard to increase the company's distribution partners and retailers in the Indian market coverage. According to the Indian rules, all foreign-owned single-brand retailers must purchase 30% of their products locally. Therefore, establishing manufacturing in India is also a stepping stone for Apple to set up a wholly-owned retail store in India. Prabhu pointed out that Apple has asked for some concessions in the production sector in India. It is reported that Apple’s efforts to open retail stores in India are continuing. It is rumored that it is considering setting up flagship stores in New Delhi, Bangalore and Mumbai. There are signs that the company’s plan will eventually receive the support of the Indian government. "We would like to contact the chief minister of all countries that provide them with the best deals and establish cooperation intentions," said Prabhu. Energy Storage Battery,Battery Energy,Battery Energy Storage System,Storage Battery Power X (Qingdao) Energy Technology Co., Ltd. , https://www.solarpowerxx.com
