India is not in mood of offering Apple concessions to start
manufacturing iphones in India (as Apple was hoping) , one government official
told media.
Apple CEO Tim cook has also said that he would like to grow
business more in India as Apple watched good growth in sale of iphones last
year. As well as, he is aware about India’s population and world’s fastest growing
country’s trend of buying new phones. That’s why Apple wants to increase its
market share, which is only 2 % right now whereas its rival giant Samsung has more
than 20% market share in India.
India eased rules last year that needed technology product
companies to source 30% of their components locally so that they can set up
single-brand retail stores. There are many mobile companies which are making
their phones in India under “Make In India” step, so government is not in
mood of changing rules for only one company.
Last year Apple’s request to sell refurbished iphones got
denied by Indian government , which was also big thumbs-down for apple .
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