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These FDI restrictions were placed for multi-brand retail stores like Walmart. I guess Apple stores are considered multi-brand because they sell some products
by RealGeek 10y ago
These FDI restrictions were placed for multi-brand retail stores like Walmart.
I guess Apple stores are considered multi-brand because they sell some products from other brands as well.
These restrictions are only for foreign companies. An Indian company can sell 100% imported products without any restrictions, but they are required to pay import duty.