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India seeks to widen tax exemptions to woo investment from likes of Apple

  • Posted on August 4, 2026
  • By Financial Times
  • 1 Views
  • 1 min read
In brief

India is pursuing aggressive fiscal incentives to attract major technology manufacturers, particularly aiming to secure investments from global giants like Apple. The government plans to broaden tax exemption schemes specifically targeting foreign tech companies that supply components to domestic contract manufacturers. This strategic initiative seeks to strengthen India's position in the global electronics manufacturing supply chain and reduce dependency on foreign production hubs.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

India seeks to widen tax exemptions to woo investment from likes of Apple
India seeks to widen tax exemptions to woo investment from likes of Apple

New Delhi wants to extend holiday for foreign tech companies that supply equipment to local contract manufacturers
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Author
Financial Times

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