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Apple Not Allowed To Open Stores In India (reuters.com)

ffkom writes: Reuters reports: "India has said Apple Inc must meet a rule obliging foreign retailers to sell at least 30 percent locally-sourced goods if it wishes to open stores in the country, a senior government official told Reuters. A change in legislation last year exempted foreign retailers selling high-tech goods from the rule, which states 30 percent of the value of goods sold in the store should be made in India. However, Apple's products were not considered to be in this category, said the official, who has direct knowledge of the matter." Now just imagine what Apple stores in the U.S. would look like if 30% of their offerings had to be made in the US... "They did ask for a waiver but didn't provide any material on record to justify it. The decision was taken only after a thorough examination of their application," the source said. Apple planned to open at least three stores in India by the end of 2017. Separate sources said Apple talked with the Indian government about a relaxation of the rule before it filed an application to open stores in the country in January. In a report from The Wall Street Journal (Warning: source may be paywalled), one of India's government officials said, "We are sticking to the old policy. We want local sourcing for job creation. You can't have a situation where people view India only as a market. Let them start doing some manufacturing here." Currently, Apple sells its products "through a network of Indian-owned distribution companies and retailers."

5 of 242 comments (clear)

  1. Re: Jingoism and Nativism by Anonymous Coward · · Score: 0, Informative

    Because it is a solution. Without good lying jobs they can't even afford this iCrap (at least most of them).

  2. Re: Simple solution by Anonymous Coward · · Score: 5, Informative

    30% of the VALUE of goods sold. If it was just numbers they could stock a few hundred locally made iPhone covers to meet the rules

  3. Re:What about Samsung, Sony, ... by Anonymous Coward · · Score: 3, Informative

    None of them run retails stores. To answer your questions: anyone, yes, yes, yes, it just works, no.

  4. Re:Jingoism and Nativism by NormalVisual · · Score: 3, Informative

    Why should the people of one country be privileged over the people of any other? Just because they were born there? That's not thinking globally.

    The same thought logically extends to "why should any person be privileged over any other?", in which case you're a bad person if you're living above subsistence level, because there are always others with less and you should forgo your own well-being because helping those less fortunate is more important.

    I expect my government to do that which is in my country's best interests, and I expect other countries' governments to similarly look after their own citizens. If they happen to coincide to benefit both of us, great. If not, I expect my country's benefit to be of prime importance. You can call me "jingoistic and nativistic" all you want.

    --
    Please stand clear of the doors, por favor mantenganse alejado de las puertas
  5. Re:Jingoism and Nativism by angel'o'sphere · · Score: 3, Informative

    You seem to be an idiot:
    https://en.wikipedia.org/wiki/...

    http://www.isro.gov.in/

    https://www.powergridindia.com...

    The nice thing about india is: the official language is english. So even you can Google and inform yourself.

    --
    Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.