Apple needs to apply afresh for single brand retail
After reports emerged last month that Apple was seeking approval to open its own stores in India, ET is reporting today that the company will have to resubmit its application:
Apple […] will have to submit a fresh application for opening single brand retail stores in the country, as certain gaps have been found in the initial proposal.
The Department of Industrial Policy and Promotion (DIPP) has explained the gaps to the company and wants them to submit a fresh application, seeking more information on their proposal for further processing, according to sources.