NEW DELHI May 23 Apple Inc wants to expand its contract manufacturer's facility in the southern Indian tech hub of Bengaluru, a federal minister said on Tuesday, as the iPhone maker seeks a bigger share in one of the world's biggest smartphone markets.
Ravi Shankar Prasad, the federal minister for Electronics and IT said, government officials were in touch with Apple and other mobile phone manufacturers for expanding facilities and setting up new plants.
Cupertino, California-based Apple last week started making iPhone SE at its Taiwanese contract manufacturer Wistron's plant in Bengaluru. (Reporting by Manoj Kumar; Editing by Sherry Jacob-Phillips)
GLOBAL MARKETS-Asia stocks edge up on optimism over global growth, dollar soft
TOKYO, June 26 Asian shares edged up on Monday on optimism for global growth, while the dollar was on the defensive as a subdued U.S. inflation outlook capped U.S. bond yields and raised questions about the Federal Reserve's plans to tighten policy.
UPDATE 1-UK Stocks-Factors to watch on June 26
June 26 Britain's FTSE 100 index is seen opening up 15 points at 7,439 on Monday, according to financial bookmakers, with futures up 0.20 percent ahead of the cash market open.