Millennium Post

Prasad invites Apple to set up R&D facility in India

Communications and IT Minister Ravi Shankar Prasad on Friday asked tech giant Apple to consider opening an R&D facility in India as the country offers great business opportunities.

The Minister, who met Apple Head Compliance EMEIA region John Reynolds, said though the US firm did not have a powerful presence in the country, it sold products worth $730 million here in 2013-14 fiscal.

“Apple is a very effective brand in India and personally I requested them to consider opening a good R&D centre in India,” Prasad said after the meeting. He said a R&D centre in the country would help the tech-giant in getting good business propositions in other parts of Asia as well. Describing the meeting as positive, Prasad said he would visit Apple’s facility in Silicon Valley next month during his trip to USA for a Nasscom event.
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