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India is easing sourcing norms for single-brand retailers like Apple
- ironchief 7y agoApple - We can't make iPhones in the US and tariffs don't work Also Apple - Tariffs made us move production to Brazil and India.
- lern_too_spel 7y agoThis isn't about manufacturing.
- ironchief 7y ago“To boost sales in India, Apple has started to assemble several iPhone models locally and reached a stage where it can begin to export to overseas markets phones produced in India. Assembling phones in India allows Apple — as it does to other phone makers — to enjoy some tax benefits that Narendra Modi’s government provides.“
- lern_too_spel 7y agoThat is already happening. That is not the change that happened recently that this article is about.
- m0zg 7y agoNow is the golden opportunity for India to do exactly what they did. Seems like China is trying to wait Trump out and see someone else in the WH to whom they could dictate the terms and tell through which exit of the Airforce One they need to go. But that outcome seems increasingly unlikely as time goes on, so big businesses are coming to Jesus wrt workforce diversification. That's a good thing. India could use some of that sweet, sweet economic growth too.
- avocado4 7y agoThe problem with waiting for another president is that both Democrats and Republicans hate China alike. And China can't afford to wait because they are sitting on a demographic time bomb due to 1 child policy (10 years left or so). So I do think Xi's approach is going to undo a lot of progress that China has made under previous presidents (when they still had a concept of term limits). I'm really rooting for India here, the largest democracy with fast growing economy and very young population. Even if 21st century is going to be dominated by Asia I'd rather see India take the leading role than China. Among other things it would also make sure that East Asian disdain for darker skinned people and China's obsession with surveillance won't become a dominant global culture.
- Despegar 7y ago>Among other things it would also make sure that East Asian disdain for darker skinned people India is no panacea on this front. Modi is a Hindu nationalist and if you're expecting India to be a democracy in the vein of Western liberal democracy with enlightenment values, you're in for a surprise.
- sremani 7y agoIndia is not perfect, its democracy is full of cacophony with racial and tribal undertones. But once the results are out the transfer of power is clean and peaceful. It is not Norway or Sweden, but its not an autocracy. India built its version of Democracy that is worth it. Modi and Hindu Nationalism are the present - they were not there in power 7 years ago and 7 years from now, a new PM and Party will come. India is no Turkey and farther away from China.
- sachdevap 7y agoThank you for this. The Western supremacist attitude of GP's comment really bothered me too.
- 7y ago
- munk-a 7y agoThat's an intensely newspeak usage of "liberalizes".
- jmsflknr 7y agoTechCrunch is only focusing on the tech part. Reuters, Bloomberg are also going with 'liberalizing' in their stories. Besides, every global company has been lobbying for these relaxations so it is liberating!
- scarejunba 7y agoWhy is that? It's a relaxation of regulation, and that's commonly called economic liberalisation. See https://en.wikipedia.org/wiki/Economic_liberalisation_in_India https://en.wikipedia.org/wiki/Economic_liberalisation_in_Ind...
- WaxProlix 7y agoProbably doesn't know where the term 'liberal' comes from. In America it's fairly common to have alternate meanings attached to these kinds of words.
- munk-a 7y agoOh I'm well aware, but word comprehensions shift over time and within the common American understanding using the word "liberalizes" seems to be intentionally slanted.
- sharadov 7y agoThis is hardly news, they're just letting them sell phones online.
- jmsflknr 7y agoThat is not it.
- deleted 7y ago[deleted]