Apple hopes to find a compromise with the Indian authorities and yet to open in the country Apple Store
Last week, multiple sources stated the decline in popularity of iPhone in India. Now the Minister of Commerce and industry of India Suresh Prabhu said that next month he will meet with Apple to discuss further cooperation.
Prabhu told reporters that the government still maintains the relationship with Apple. He added that the authorities would want the iPhone maker has also opened offices in India. The Minister also noted that the situation in the country and in the company changed dramatically over the last few years.
“The talks with Apple are ongoing. We wish Apple have opened offices in India, if company executives will agree to that. I will meet with Apple’s senior leadership in Davos in early January, and we’ll discuss it. We started to work two or three years ago, and today the situation has changed, both for them and for us. So, now is the time to meet and discuss our partnership and to finalize it,” said the Minister of Commerce and industry of India.
One of the problems with Apple in the country is that she can’t access the Apple Store, since India has several requirements for retailers selling products of the same brand. According to the laws of the country, single-brand retailers must offer customers 30% of local goods. In the past, the iPhone maker tried unsuccessfully to negotiate a reduction of this threshold requirement.
To the question about whether the government of India to concede to Apple and to reduce the percentage of local products in the Apple Store, Prabhu said they will consider all possible options.
Back in June Apple launched the commercial production of the iPhone 6s in India. Production of the iPhone SE in India began in may 2017, but this is not enough to meet the requirements to open a Apple store in India.
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