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Apple urged to set up R&D facility in India

Fri, Apr 10, 2015, 08:51 PM
New Delhi, April 10 : Hoping to rope in another big multinational technology company in the country in a big way, Communications and IT Minister Ravi Shankar Prasad on Friday urged Apple to open a research and development (R&D) facility in India.

The minister on Friday met Apple's Head Compliance EMEIA region John Reynolds here.

"Apple is an effective brand in India and personally I requested them to consider opening a good R&D centre in India," Prasad said after the meeting.

He said the meeting with Reynolds was positive and Prasad will be visiting Apple's facility in Silicon Valley next month.

The minister felt a R&D centre by Apple in the country would help the tech giant in getting good business propositions in other parts of Asia also.

The minister mentioned that in financial year 2013-14, Apple sold their products worth $730 million in India.
Agency: IANS

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