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Thursday, October 16, 2025

Apple lobbies India to change tax law seen hindering its expansion

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India is the world’s second-largest mobile market. Apple’s contract manufacturers Foxconn and Tata have pumped in billions of dollars to open five plants, but millions of those expenses go into acquiring pricey machines for iPhone assembly.

Source: https://telecom.economictimes.indiatimes.com/news/devices/apple-urges-india-to-amend-tax-law-for-expansion/124572355