Apple is looking to start iPad production in India by participating in a new scheme proposed by the government to increase India’s exports of computer components and products, according to sources cited by Reuters.
Last year, Indian Prime Minister Narendra Modi launched a new performance-related incentive (PLI) scheme to encourage major companies, such as Apple, to produce more products in the country. The scheme has a government budget of nearly $ 1 billion and offers suppliers and manufacturers a refund for exports.
The new scheme, reported today, directly aims to boost the production of IT products such as tablets, laptops and servers. Apple is reportedly part of a group of companies …
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