Apple to make iPhones in Bengaluru

Apple, the American multinational technology company is all set to manufacture iPhones in the Indian city of Bengaluru.
●    The company is going to manufacture the iconic phones in the country in collaboration with Wistron, a Taiwanese original design manufacturer. The move is a part of the company’s efforts to cash in on India’s fast-growing smartphone market.
●    Wistron is planning to set up an iPhone manufacturing plant, especially for the Indian market in Bangalore’s Peenya Industrial Area. 
●    The manufacturer would start work with the assembling of the phones. 
●    Local manufacturing of the iPhones is expected to help Apple price its products at a rate more suitable to the Indian market. 
●    Currently, Apple products attract 12.5% additional duty on imports.
●    The company chose Bengaluru to set up the unit because it has the talent required to create high-quality technology products.
●    This is not Apple’s first project in the city, as previously in May 2016, the company had announced the setting up of a design and development accelerator in the city in order to help grow the iOS developer community there. 
●    The announcement for the same was made during the company’s CEO Tim Cook’s visit to India.