“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.
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