ETtech this morning is reporting that Apple is seeking DIPP nod to open own stores in India.
Apple India has filed an application to open its own Apple branded stores in India with the department of industrial policy and promotion (DIPP), a person with direct knowledge of the matter said.
Confirming the development, DIPP Secretary Amitabh Kant said, “We have just received Apple’s proposal. We are examining it.”
Back in November 2015, I had reported how Apple Stores in India may soon be possible after the Government of India had issued a press release announcing FDI reforms across 15 sectors, following which the DIPP had considered making exceptions in “certain high technology segments”.
Seems like Apple’s going for the kill.