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Govt May Allow A Sourcing Norm Breather To Apple

In a major breakthrough, the Cupertino based iPhone maker, Apple may receive a nod from the government to set up its own retail outlets in the country, without any requirement of sourcing for two to three years. As per reports circling in media, both the government as well as Apple may agree on an arrangement which exempts the company from the local sourcing norms for at least two to three years. This will help Apple establish a strong network in the country as well as inflate its sales figures. As...