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Apple Store: Tim Cook would not have convinced the Indian government

tim cook inde - Apple Store : Tim Cook n

tim cook inde - Apple Store : Tim Cook n

Apple

Posted: May 26, 2016
Updated: May 26, 2016

by benjamin

It would appear that the visit and the negotiations carried out by Tim cook in India ended in failure. Indeed, although the boss of the apple firm did everything to convince the government of the country to allow Apple to open stores on Indian territory, the latter would not have let it go.

tim cook india - Apple Store: Tim Cook would not have convinced the Indian governmentIf the Californian giant wants to install Apple Stores in India, it will still have to submit 30% of the components of its devices to local manufacturing. It is the law in force in the country and everyone (including Apple) must comply with it. This is notably the decision taken by the commission for the promotion of foreign investments, a decision that the Minister of Finance, Arun Jaitley, approved. Apple can therefore hope for nothing other than an intervention by Prime Minister Narendra Modi so that the said commission can rule in its favor.

Otherwise, it will take several more years for Foxconn to be able to settle comfortably in India and therefore produce iPhones locally. Moreover, the latter has already expressed his intention to build a factory there for the end of the year (read: Foxconn wants to open a factory in India to make iPhone).