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Author Topic: Apple’s ‘cutting-edge technology’ means it will be allowed to open retail stores in India – local report  (Read 465 times)
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« on: April 29, 2016, 04:05:18 pm »

Apple’s ‘cutting-edge technology’ means it will be allowed to open retail stores in India – local report

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<p>A report back in February that Apple would be <a href="http://9to5mac.com/2016/02/08/apple-retail-stores-india/" target="_blank">allowed to open[/url] retail stores in India has been corroborated by India’s <a href="http://tech.economictimes.indiatimes.com/news/mobile/apple-to-be-exempted-from-30-sourcing-norms-by-govt-panel/52019939" target="_blank">Economic Times[/url]. India normally doesn’t allow single-brand retail stores unless at least 30% of their products are made within the country, but Apple is reportedly set to be granted an exemption on the grounds that its products are ‘cutting-edge technology.’</p>

<p class="p1"><span class="s1">A government panel has recommended exempting Apple from mandatory local sourcing norms, a move which would pave the way for Apple to open single-brand retail stores in the country. </span><span class="s1">“The committee has found that the company’s products are cutting edge technology and state-of-the-art. It has recommended to exempt them from the local sourcing norms,” sources said.</span></p>

<p>The exemption is a pretty big deal for Apple …</p>
<p> <a href="http://9to5mac.com/2016/04/28/apple-stores-india-approval/#more-429228" class="more-link">more…[/url]</p>
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Source: Apple’s ‘cutting-edge technology’ means it will be allowed to open retail stores in India – local report
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