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Apple stores in India? iPhone maker says its plans will 'take some time'

For Apple, India is an important market and the company has been looking for easier norms to set up fully-owned stores like in other parts of the world

A man at the Apple store on 5th Avenue in New York. The California-based company has struggled to establish itself in India where consumers have opted for less expensive Chinese brands such as Xiaomi and Vivo 	Photo: Reuters
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A man at the Apple store on 5th Avenue in New York. The California-based company has struggled to establish itself in India where consumers have opted for less expensive Chinese brands such as Xiaomi and Vivo Photo: Reuters

Nivedita Mookerji New Delhi
A day after the Cabinet eased the foreign investment norms for single-brand retail, Apple in a statement said it would take the company some time to get its plans underway, without elaborating on the timeframe. 

The company, which hasn’t been able to set up fully-owned signature stores in the country due to the mandatory 30 per cent local sourcing norm in the single-brand retail policy, said it was looking forward to “one day welcoming customers to India’s first Apple retail store”. 

For Apple, whose products are made by contract manufacturers such as Foxconn and Wistron, India is a significant market. Though its

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First Published: Aug 29 2019 | 11:41 AM IST

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