Apple wants to be one of the companies benefitting from the growing mobile market in India, and the company is looking into several ways to start selling iPhones locally, including setting up a local manufacturing plant that would help them comply with Indian regulations.
Due to laws that forbid companies from selling devices in the country unless at least 30 percent of parts are manufactured in local plants, Apple has until now been unable to bring the iPhone to the local market, so it only had to rely on retailers using import taxes that eventually increased the final price as well.
Apple asked the government for an exception to the law, but authorities denied the request, explaining that all companies must comply with these rules.
Cupertino also attempted to bring used iPhones in India and sell them as refurbished, but several companies opposed to the plan, on grounds that such a move would violate environmental laws that are currently in effect in the country…. (read more)
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