Apple Stores likely in India

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

 

The two senior executives who have business relations with the California-based company in India has revealed that Apple further plans to set up its own stores in India, if the Indian government eases local sourcing conditions. The brand has, however, refused to comment on its India plans or whether it would ask the government to provide flexibility with regard to local sourcing rules.

Tim Cook, CEO, further explained that the multi-layered distribution in India adds to the cost of bringing products to the Indian market.

It is also believed that, traditionally, India has not been a high-priority market for Apple, and it takes months before its newly-launched products start selling in India officially through re-sellers....See More