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Apple All Set To Open Stores In India: Government Waives Off 30% Sourcing Policy

apple stores in India
Finally, there’s something to cheer for Apple Inc. (NASDAQ:AAPL) after its dismal Q2 fiscal 2016 performance. A government panel ended the woes of Apple by exempting the tech behemoth from the local sourcing norms, allowing it to open its own Apple stores in India.Due to the scarcity of vendors, the government policy to mandate sourcing of 30% goods within the...

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