Local value addition: Apple, Samsung, HP, others not to face any strict deadline

Electronics majors like Apple, Samsung, Lenovo, HP, who have set up their manufacturing bases in the country, either directly or through contract manufacturers, will not be subjected to any fixed timeline to increase domestic value addition. However, the government will consider putting in place a definition of what constitutes domestic value addition so that there’s no manipulation by any player by taking into account non-core components.

The issue of defining what constitutes local value addition is being considered because lately many local telecom as well as electronic suppliers have expressed concern over manipulation by certain global and large Indian companies in this regard.