India is expanding tax incentives for foreign firms supplying machinery to local electronics manufacturers, directly benefiting Apple and Google as they increase domestic production.
The tax break extension targets companies providing equipment to electronics makers in India, creating favorable conditions for Apple's manufacturing expansion in the region.
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Apple has been diversifying its manufacturing base away from China, with India becoming a key production hub. The expanded tax incentives remove barriers to equipment imports, reducing costs for firms establishing or expanding manufacturing operations.
Google also stands to benefit from the policy change as it scales hardware production in India. The move reflects India's effort to build a competitive electronics manufacturing ecosystem and attract major technology companies to establish local production facilities.
The incentives come amid growing supply chain concerns and geopolitical shifts in global manufacturing, encouraging tech firms to reduce concentration in single production regions.
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