India eases foreign funding rules for Apple manufacturing
pre-market1 source ↓written by the desknot a recommendation
India has eased rules allowing foreign firms to fund manufacturing equipment for contract partners without tax liabilities. This decision, part of the 2026-27 budget, aims to boost electronics manufacturing and attract global investments. Apple, which has seen its market share in India double to 8% since 2022, stands to benefit significantly from this move.
Not investment advice. For informational purposes only.