After Luxury Cars, iPhone To Be Made In India?

Devendra Fadnavis said, the state has conducted many meetings with the company in order reach a ‘comfortable level’ of settle to build the plant. Also said, “Large manufacturers want a predictable regime."

He noted, "The concern (of these Chinese companies) is how the volatility of the rupee can be hedged," describing how well secured companies in China and Taiwan along with the support from their banks. However, currently either Chinese or Taiwanese banks are not allowed in India.

From August, 1991 to October, 2014, in all 18,709 industrial proposals with an investment of Rs 10,63,342 crore are proved by the government and they are sailing their operations smooth. This figures makes Maharashtra to have highest number of proposals and maximum employment potential among other states in the country.

Therefore, this proves that Maharashtra state is eligible to welcome the premium Smartphone markers into the country and promise the large number of employment opportunity.
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