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Apple To Take Advantage of New Foreign Direct Investment Rules and Start Online Sales in India

India is arguably one of the most attractive smartphone markets with an estimated 299-million smartphone users. For the past couple of years, Apple was trying to set up the Apple Store in India but the local laws prevented them (and other foreign brands) from doing so. In a recent turn of events, the Indian Government removed restrictions for foreign brands when it comes to operating retail shops.

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Author: Mahit Huilgol

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