Tag Archives: Prabhu

Awaiting Concrete Proposal From Apple, Says Commerce Minister Prabhu

The commerce and industry ministry is awaiting a concrete proposal from iPhone maker Apple to set up manufacturing unit in India, Union Minister Suresh Prabhu said today. “We are waiting for a good proposal from Apple…Please give us a concrete proposal. If the proposal comes, we will examine it. We are always open for that,” Prabhu told reporters here. During a recent meeting with Apple officials, ... Read More »

Export incentives are investment, not subsidy: Prabhu

NEW DELHI, NOV 27:   Commerce and Industry Minister Suresh Prabhu has made a case for treating support measures to promote exports as investment and not subsidies, arguing that outbound shipments contribute in a big way to boosting growth. The minister emphasised that exports can benefit the economy in a much shorter term than any other economic activity. “We feel very ... Read More »