Indian minister holds out hope for Apple stores

The Commerce Minister said her ministry wouldn’t mind a waiver of retail rules for Apple

Apple may still get to set up wholly-owned stores in India, with the country’s Commerce Ministry promising to discuss the matter with the Finance Ministry that had objected to the proposal.

Indian government rules require that foreign-owned, single-brand retailers source 30 percent of their products locally, but the Indian government had indicated that it could provide a waiver of that requirement for branded stores of retailers of high-tech products. Apple had hoped for such an exemption from the government.

On Monday, Commerce and Industry Minister Nirmala Sitharaman said that her ministry did not oppose providing a waiver to high-tech companies like Apple and would discuss the matter with the Finance Ministry.

Apple has decided to focus on India, where it saw 56 percent year-on-year growth in iPhone sales in the last quarter. Its revenue from China, its second largest market, fell 11 percent in the same period.

To build its share in the Indian market, the company was hoping to sell low-cost refurbished phones in India. But that move came in for criticism from the environment ministry which is concerned that this could create a recycling problem, as the phones would be closer to end of life. Some of Apple’s rivals also opposed the proposal.

Sitharaman said her ministry was not in favor of Apple's plans for the import of refurbished phones.

India’s focus is to persuade mobile phone makers to make the devices in the country and it has been quite successful so far. Apple has not announced any plans to make its phones in India. But during a meeting this month between Apple CEO Tim Cook and Indian Prime Minister Narendra Modi in Delhi, the executive spoke of the “possibilities of manufacturing and retailing in India,” according to the country’s Press Information Bureau.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

John Ribeiro

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Jack Jeffries

MSI GS75

As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr

MSI PS63

The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?