Apple Urged by IT Minister to Set Up R&D Facility in India

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Hoping to rope in another big
multinational technology company in th
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
in New Delhi.

"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.

(Also See: Apple Watch Pre-Orders Reflect Strong Early Demand )

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 i
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 (roughly Rs. 4545
crores) in India.

http://m.gadgets.ndtv.com/laptops/news/apple-urged-by-it-minister-to-set-up-rd-facility-in-india-680262
 
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