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Vendors like Spice and Intex are Indian companies. Companies can sell imported products in India, they just have to pay import duty on it. India have FDI restr
by RealGeek 10y ago
Vendors like Spice and Intex are Indian companies. Companies can sell imported products in India, they just have to pay import duty on it.
India have FDI restrictions in retail sector to prevent big box retailers like Walmart from destroying local retailers.
Most of the popular brands including Apple already sell in India, but they have to partner with a Indian retailer to do so.