Govt has not accepted most of Apple's demands: Sitharaman
The government has not accepted most of the demands of Apple, which wants to set up a manufacturing unit in India, MoS for Commerce and Industry Nirmala Sitharaman said on Wednesday. Apple had sought concessions, including duty exemption on manufacturing and repair units for a period of 15 years. It also sought relaxation in mandated 30% local sourcing of components.