India proposes extending tax breaks for contract manufacturing until 2041, delivering boost to Apple
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Aug 3, 2026, 2:00 pm114 ptsTrending
MacDailyNews
India has proposed extending tax exemptions until 2041 for foreign companies that provide machinery to contract manufacturers, handing a major win to Apple which had lobbied for such changes, and is fast expanding in the market. India has been a key market for Apple as it diversifies iPhone manufacturing…
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