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

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

By Indo Asian News Service | Updated: 11 April 2015 13:01 IST

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.

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 in 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.

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