LeEco is the latest international smartphone maker which is seeking exemption from the mandatory 30% local sourcing norm to open single branded retail stores in the country, as per a latest PTI report.
Continue reading “LeEco seeks exemption from local sourcing norms for retail stores in India”
In a huge blow to its expansion plans in India, the government has rejected Apple’s plea of exempting the 30% local sourcing norm to open retail stores in the country. Finance Minister Arun Jaitley decided to support the decision by India’s Foreign Investment Promotion Board regarding the 30% of local sourcing.
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Just yesterday, it was reported that Apple CEO Tim Cook could visit India this week to meet PM Narendra Modi. Now, a new report from Factor Daily is stating that the company will open three retail stores in India by the end of 2017.
Continue reading “Apple said to open three retail stores in India by end of 2017”
Last week, Apple CEO TIM Cook said that it is working on bringing Apple stores in India. Now, new reports are saying that the iPhone and iPad maker will have to re-submit an application for opening single brand retail stores in the country.
Continue reading “Apple inches closer to receive approval for opening stores in India”
Apple already have several around the world, Samsung are getting in on the act and Microsoft have their stores in the US as well so it’s only fitting that the world’s number one search company, Google, has joined in the act with the opening of its first global retail store in London. Continue reading “World’s first Google store launches in London”
