Business Maverick: Apple to Start Online Sales in India After Country Eases Rules

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Business Maverick: Apple to Start Online Sales in India After Country Eases Rules By Bloomberg

On Wednesday, India eased rules that forced companies such as Apple to source 30% of their production locally — a requirement the iPhone maker has been lobbying against for years — to include exports as part of the requirement.

The Cupertino, Calif.-based device and services company will begin selling its iPhone, iPads and Apple Mac computers online in the coming months. It’s also firming up the Mumbai location of its first company-owned brick & mortar store in India — likely to open next year — the person said, asking not to be identified as the details are confidential.

 

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