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What Apple Gains From FDI Reforms?

Apple CEO Tim Cook’s recent India visit seems to have proved fruitful for the company. Apple has gained a lot from the major policy reforms of the Indian Government in Foreign Direct Investment (FDI). After the government cleared roadblocks, Apple is expected to open up exclusive retail outlets across regions and strengthen its service support for Apple lovers in the country. Bringing major reforms in the FDI policy, the Indian government has allowed 100 per cent FDI in single-brand retail trading in the country among other sectors. The decision was...

Coming Soon – National Policy On Software Products, 2016

Software products, rather than services, are the need of the hour. India’s IT industry is currently valued at around $143 billion; this figure is expected to reach $350 billion by 2025, a scant nine years from now. The upcoming National Policy on Software Products will put in place a set of guidelines that will help the government realise its vision of having software products account for $100 billion of GDP by 2025. The government is striving to promote a sustainable software products industry in India, one that will put the...