“Apple faces a roadblock in its quest to open stores in India after the finance minister decided it must comply with tough local sourcing rules, a report said Wednesday, days after a visit by chief executive Tim Cook,” Agence France-Presse reports.

“India will not exempt Apple from regulations stating that foreign single-brand retailers must buy at least 30 percent of their parts locally if they want to open outlets, the Bloomberg report said,” AFP reports. “Apple has no stores in the world’s second-most populous nation, instead selling iPhones through third-party retailers such as Vodafone and Airtel.”

“India is a compelling proposition for the technology giant, with nearly a billion Indians — among a population of 1.2 billion — still not online, especially as sales of the iPhone slow in more saturated markets,” AFP reports. “Yet Apple products are too expensive for the vast majority of Indians, with taxes taking the cost of a basic iPhone to almost $600.”

Read more in the full article here.

MacDailyNews Take: Again, the Indian people should realize that their government isn’t helping them by blocking affordable Apple Certified Refurbished iPhones, it’s subjecting them to inferior, insecure, derivative fragamndroid crap.

India should approve Apple’s plan to sell Apple Certified refurbished iPhones in India. Not only would they be affordable to more consumers in India, Apple’s refurb’ed iPhones are easily better than competitors’ new phones! Why keep the Indian people shackled to inferior iPhone knockoffs when they could have the real thing?

As for the retail stores, that’ll be worked out eventually.

SEE ALSO:
Apple hits setback in push to open retail stores in India – May 24, 2016
Apple’s U-turn in India: From arrogance to servility – May 23, 2016
Apple finds potential new factory hub – in India – May 23, 2016
Apple’s Tim Cook samples Bollywood, cricket, in bid to woo India – May 21, 2016
India shows Apple CEO Cook the love it’s yet to give the pricey iPhone – May 20, 2016
Apple CEO Cook: ‘We are in India for the next thousand years’ – May 20, 2016
Watch Apple CEO Tim Cook at his first cricket game in India – May 19, 2016
Apple opens Maps development office in Hyderabad, India – May 19, 2016
Apple CEO Cook debuts in India – May 18, 2016
Apple to open first-of-its-kind iOS App Design and Development Accelerator in India – May 18, 2016
Tim Cook visits India: Apple to expand its Indian software development center, build local start-up accelerator program – May 17, 2016
Apple Retail Stores to open in India by end of next year – May 16, 2016
iPhone sales surge 56% in India as Apple eats into Samsung’s high-end share – May 8, 2016
Apple deprivileged as India bows to Washington D.C. consensus on mobile phone import tariffs – May 7, 2016
India rejects Apple’s plan to import and sell refurbished iPhones – May 3, 2016
Indian government panel paves way for wholly-owned Apple retail stores in India – April 28, 2016