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by mehrdadn
2013 days ago
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> Worker wages were their main reason to move from China to India. You mean, after the Foxconn PR fallout? And to my knowledge the "main reason" they moved out of China was to reduce their dependence on China due to ongoing political tensions, not that they were feeling bad about worker wages. |
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https://www.reuters.com/article/us-apple-india-idUSKCN0YG2LW
> NEW DELHI (Reuters) - India has said Apple Inc must meet a rule obliging foreign retailers to sell at least 30 percent locally-sourced goods if it wishes to open stores in the country, a senior government official told Reuters.
> Apple is hoping to expand its retail presence in India, one of the world’s fastest-growing smartphone markets, at a time when sales in the United States and China have slowed.
> A change in legislation last year exempted foreign retailers selling high-tech goods from the rule, which states 30 percent of the value of goods sold in the store should be made in India.
> However, Apple’s products were not considered to be in this category, said the official, who has direct knowledge of the matter.