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I thought Apple's new facilities in India had something to do with India's import restrictions: "More iPhones made in India may also help Apple to hit a requir
by chvid 8y ago
I thought Apple's new facilities in India had something to do with India's import restrictions:
"More iPhones made in India may also help Apple to hit a requirement of 30% locally-made products in order to get government clearance to open Apple Stores in the country."
https://9to5mac.com/2018/12/27/iphones-made-in-india/ https://9to5mac.com/2018/12/27/iphones-made-in-india/
- ktta 8y agoExactly, which was my point.
- thisisit 8y agoSingle brand retail chain ownership was restricted in India. A foreign entity could only own up to 51% in a single brand retail chain. That has changed last year in Jan 2018. So, the article claiming the issue was 30% locally made products in 2016 doesn't seem right.