[New Delhi]Tim Has No Proposal To Cook His “Apple”In India
Apple CEO Tim Cook during his visit met Prime Minister Narendra Modi and spoke of possibilities of manufacturing, but the company has not submitted any proposal with the IT Ministry to set up its plant in India, Parliament was informed today.
Cook visited Hyderabad on May 20 to launch the technology centre relating to their maps division in presence of Chief Minister of Telangana K Chandrashekar Rao, Minister of State for Electronics and Information Technology P P Chaudhary said in a reply to the Lok Sabha.
“He also called on the Prime Minister on May 21, 2016. He shared Apple Inc’s future plans for India and spoke of possibilities of manufacturing and retailing in India. There is no proposal with this ministry from Apple Inc to set up a manufacturing unit in the country,”
After meeting senior officials from manufacturing giant Foxconn, partner of Apple, the then telecom minister Ravi Shankar Prasad in May had said the Cupertino-based technology major was coming to manufacture iPhones in India.
Apple has been lobbying hard for exemption from the mandatory 30 per cent local sourcing on the ground that its products have such high-end technology that these cannot be sourced locally here.
The government in June relaxed FDI norms by giving a three-year exemption from local sourcing to foreign players in single-brand retail and a further five-year relaxation for ‘state-of-the-art’ and ‘cutting-edge’ technology.
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Tim Cook Shares ,With PM Modi, Apple’s future Plans In India
Tag: Apple Chief Tim Cook
Tim Has No Proposal To Cook His “Apple”In India
Tim Cook Shares ,With PM Modi, Apple’s future Plans In India
[New Delhi]Tim Cook Shares ,With PM Modi, Apple’s future Plans In India
The CEO of Apple Inc., Mr. Tim Cook, called on the Prime Minister Of India Narendra Modi today.
Congratulating the Prime Minister on the recent election results, Mr. Cook talked about his visit to India, and said he had been received with great warmth. He spoke about his visit to different parts of the country, and his meetings with people including youth, business leaders, and film actors. In particular, he mentioned his visit to the Siddhivinayak Temple in Mumbai, and watching a cricket match. The Prime Minister, appreciating Mr. Cook, said that in India, ‘seeing is believing’ and added that these experiences would definitely steer Mr. Cook’s business decisions.
Cook shared Apple Inc.’s future plans for India. He spoke of the possibilities of manufacturing and retailing in India.
He appreciated the breadth of young talent in India, and said the youth have significant skills which Apple would like to tap. He mentioned the immense potential for ‘app-development’ that exists in the country. He also elaborated on the Map Development Centre that Apple Inc. is setting up in Hyderabad. He appreciated the Prime Minister’s initiatives in ‘ease of doing business.’
Cook also appreciated the Prime Minister’s initiatives for renewable energy.
He said Apple runs on 93 % renewable energy, and spoke of plans to move Apple’s entire supply chain to renewable energy. Delegation members accompanying . Cook also spoke of their experiences in rural Rajasthan, where several villages have recently been electrified, and women are being skilled to assemble and operate solar energy equipment. Both Mr. Cook and the Prime Minister shared some unique stories of entrepreneurship that they had come across in app-development and renewable energy.
The Prime Minister explained his Digital India initiative, and identified three key objectives of Digital India as
e-education,
Health and
Increasing farmers’ incomes.
He sought support from Apple in furthering these objectives.
Issues regarding cyber-security and data encryption also came up for discussion. The Prime Minister encouraged Mr. Cook to help the global community to cope with the challenges of cyber-crime.
Mr. Tim Cook also launched an updated version of the ‘Narendra Modi Mobile App.
Photo Caption
The Apple CEO, Mr. Tim Cook calls on the Prime Minister, Shri Narendra Modi, in New Delhi on May 21, 2016.
Fortunate Apple Chief Tim Cook Joins International Top Brass Of Fortune Donors
Fortunate Apple Chief Cook Joins International Top Brass Of Fortune Donors
Apple chief Tim Cook Vowed To Donate His Wealth To Charity
He Has $400 Million[est]In His Wallet
Timothy Donald “Tim Cook” is an American business executive+CEO of Apple Inc
He joined Apple in March 1998 as Senior Vice President
He was named the CEO of Apple on August 24, 2011, when he succeeded Steve Jobs.
Cook was born in Mobile, Alabama, United States+grew up in nearby Roberts dale.
His father, Donald, was a shipyard worker, and his mother, Geraldine, worked at a pharmacy
Cook graduated from Roberts dale High School. He earned a B.S. degree in industrial engineering from Auburn University in 1982, He is Master of Business Administration from Duke University’s School of Business in 1988
As Per Fortune magazine, Apple chief Tim Cook is joining
Mark Zuckerberg,
Bill Gates and
other technology titans who have vowed to donate their wealth to charities,
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