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...