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BRIEF-India's FIPB ruled Apple must comply with local sourcing rules to sell products through its own retail stores - Bloomberg
May 24, 2016 / 10:06 AM / 2 years ago

BRIEF-India's FIPB ruled Apple must comply with local sourcing rules to sell products through its own retail stores - Bloomberg

May 24 (Reuters) -

* India’s Foreign Investment Promotion Board has ruled apple must comply with local sourcing rules to sell products through its own retail stores - Bloomberg

* India's FIPB has cleared Apple's application to open retail stores if it complies with rules to procure 30 pct of its product components locally - Bloomberg Source :(bloom.bg/245E7xs) Further company coverage: )

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