In a report for “The Economic Times,” (http://macte.ch/nC8nK) Writankar Mukherjee & Chaitali Chakravarty say Apple has plans to open their own stores in India — if the government eases up on local souring conditions.
It might be easier for Apple to set up retail stores if the government allows its IT outsourcing operations in India to be included as part of the mandatory 30%, local sourcing requirement, the two executives told the publication.
Under the rules, for a foreign retailer 30% supply needs to be sourced locally, notes “ZDNet” (http://macte.ch/nPI6W). The article says Apple India’s current problem is selling their product through a reseller network. However, “ZDNet” notes that if the company wants to fix this by opening their own stores, they face another roadblock: having local inventory. A solution for Apple to consider might be procuring accessories made in India.
