Showing: 1 - 1 of 1 RESULTS
Press

Ease in local sourcing norms big boost for firms like Apple

In a boost for smartphone makers like Apple and horde of Chinese vendors to open exclusive retails stores in the country, the government on Friday announced to relax the mandatory 30 per cent local sourcing norms for FDI in the single-brand retail sector. Tech companies have time and again reiterated that it was difficult for …