Apple Stores May Be Coming to India
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Apple Stores May Be Coming to India
Apple may be opening its retail stores in India very soon, following the Indian government's decision to open India's retail sector to 100 percent foreign direct investment (FDI).
Live Mint spoke to an unnamed official from the Department of Industrial Policy and Promotion (DIPP), who claims that Apple has been keen to enter the Indian market:
"They [Apple] have not told us how many stores they will open. We have made the policy. The doors are now open."
Comments
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OOOOO LALA
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Havent u seen pod2g's blog spot?????
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The news is not correct. The FDI bill proposed by government did not pass (unfortunately) in the parliament since it did not get enough majority! We're planning to go back to stone age.
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Read this:http://articles.economictimes.indiatimes.com/2012-01-10/news/30611771_1_fdi-in-single-brand-mandatory-sourcing-competitiveness-of-indian-enterprisesThere seems to be a difference between FDI in retail and FDI in single brand retail. The article clearly suggests that FDI in single brand retails is still a go.
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You're right!
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This will seal the deal for most! Cant wait.