Business

Apple Seeks DIPP Nod; plans to enter into India to open Apple Store

Written by Harshad Patankar

In the month of October we have provided a clue that your next iPhone purchase may be from official Apple Store in India. Apple may soon be opening its own Apple branded stores in India soon. According to a report by ET Tech, the company has filed an application to open its own store with the Department of Industrial Policy and Promotion (DIPP).

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DIPP Secretary, Amitabh Kant told ET Tech,

“We have just received Apple’s proposal. We are examining it.”

In this way the Apple has moved one step further in opening an Apple Store in India. Apple has not specified how much it will be investing and that it has asked for government approval to sell products online as well. The company’s move comes after the Indian government’s liberalisation of Foreign Direct Investment rules on single-brand retail in November. Earlier rules required companies to have a certain percentage of manufacturing in the country if they wanted to operate retail outlets.

The Apple has seen the increase in the sell of the proprietary mobile phone with the popular operating system iOS. Having the latest version 9.

About the author

Harshad Patankar

My name is Harshad Patankar and I am the chief blogger at BumbleBeeHub Blog and where I like to share my internet/tech experience along with some fascinating updates around the Business, Technology, Education and Government sectos with my online readers on this website. You can read more about me at my About Page. You can follow me on Twitter, Facebook & Google