In his meeting with Apple CEO, Prime Minister Narendra Modi has invited Apple to set up a manufacturing base in India. Apple's CEO Tim Cook responded it positively. According to the informations, Foxconn, which is Apple's largest manufactures, has decided to set up a manufacturing base in India.
Ministry of external affairs spokesman Vikas Swarup said "Cook responded positively. I think India does fits into his long term plans. He particularly was interested in the whole App development economy, which he said could be a very very important factor for entrepreneurship where individual app developers can just become part of the app universe,"
Prime Minister Modi has been mentioning that there is the public sector, there is the private sector and there is the personal sector. Personal sector he has been talking about people who can be self-made entrepreneurs, Vikas Swarup noted. Tim Cook said, by using the app development tools people can really become part of this huge industry. He gave the example of China where they have created 1.5 million jobs.
Indian Ambassador to the US Arun K Singh said that during the meeting there was a sense that a lot of design innovation is happening in India. He also said that there will be more opportunities for app development related to the apple platforms if Apple expands its presence in India including a manufacturing presence.
There was also some discussion on Apple Pay, how this can be part of Jan Dhan Yojana for instance and other such initiatives, Swarup said. During the meeting, Cook said India has a very special place in the heart of every Apple employee for the simple reason that its co-founder Steve Jobs went to India when he was a young man for inspiration. It was what he saw in India that inspired him to launch Apple.