Apple Urged to Set up R&D Facility in India

Posted By: Gizbot Bureau

    Hoping to rope in another big multinational technology company in the 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.

    Apple Urged to Set up R&D Facility in India

    The minister on Friday met Apple's Head Compliance EMEIA region John Reynolds here.

    "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.

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    He said the meeting with Reynolds was positive and Prasad will be visiting Apple's facility in Silicon Valley next month.

    Apple Urged to Set up R&D Facility in India

    The minister felt a R&D centre by Apple in the country would help the tech giant in getting good business propositions in other parts of Asia also.

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    The minister mentioned that in financial year 2013-14, Apple sold their products worth $730 million in India.

    Source: IANS

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