Good news for the Apple enthusiasts in India! If all goes well, ‘Apple in India’ would make way for a rejuvenating dimension in the tech industry. But before everything is done, let’s compile the situations so far!
To put it simply, Apple wants to present its own products through retail stores in India. While the company shows its intention to build its own retail stores, the Indian current laws need it to ‘source at least 30% of its products in the country.
Thus-far actions of Apple in India
In May this year, Apple started assembling SE units to appease the government, but initial productions were small.
Also, back in March, the company came up with an App Accelerator in India. It aimed at providing lessons to locals on iOS, tvOS, macOS, and watchOS. This accelerator houses labs and presentations on interface design, coding in Swift and working with frameworks.
Furthermore, in July, Apple in India reduced the pricing of its products as a response to sales tax reforms of the government.
Last but not least, in August, the company signaled that the government should ‘extend tax breaks to suppliers.’ This would help Apple in beginning production in India.
Therefore, the leading tech organization does not only want to build stores but more. It is looking for a range of tax and policy changes. This would benefit the company in expanding the iPhones in the Indian markets.
Today, Ramesh Abhishek of India’s Department of Industrial Policy and Promotion said that they are considering exemptions for Apple, as reported by Reuters. The tech giant is presently dependent on the resellers in the country for marketing its products.
Well, after the retail and sales expansions in China, the company and its CEO Tim Cook are interested in grabbing hold of the Indian markets. Now, let’s see how long we have to wait to experience Apple in India.
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