Finally a govt has called out what everyone has known. Apple's products are not technologically cutting edge hence not eligible for the waiver.
Much more advanced Android phones are manufactured in India so their is nothing preventing Apple from manufacturing in India.
Apple is anyway known for taking technology invented by others and repackaging it in beauitful formats.
Its the same technologically as a marketing firm (you can know a company' core capabilities by seeing who has status - at Google its the Engineers. At Apple it is the Marketers).