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Apple quietly looking to expand retail stores to India

Written by Andre Yoskowitz (Google+) @ 01 Oct 2012 11:19 User comments (2)

Apple quietly looking to expand retail stores to India The WSJ is reporting that Apple is quietly looking to expand to India, the world's second most populous nation.
Currently, Apple sells the iPhone and iPad through partnerships with local distributors Redington and Ingram Micro, although they have no Apple Store retail presence in the nation.

India has made it tough for high-end brands to setup retail stores in the nation, with local companies controlling distribution and most of the vertical integration.

There is a rule that requires mandatory 30 percent local-sourcing requirement for foreign retailers, but it appears Apple is in discussions with the Indian government to have that legislation (and some others) relaxed.

If completed, Apple will then look to open multiple stores in 2013.

Tags: India Apple
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2 user comments

12.10.2012 6:13
Retail
Unverified new user

Am eagerly waiting for the store to launch in India!! This is the good news for the Indians who are in love to buy the apple products!!Hope the discussions will bring us a good news!!

22.10.2012 10:59

This will be sad news indeed. Already Apple is using their money to buy political & legalized hierarchy to get as they please in yet another nation.

Mark my words, this is possible move to get their manufacturing moved over into India & out of China where it has turned into such a hot bed of angst for them right now.

There's a perfectly viable reason why India doesn't allow these fortune 5 corporations to come in & set up shop like they do everywhere else. Now is not the time to sell their souls.


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