Apple is reportedly discussing with the Indian government the possibility of manufacturing its products in the country. In a November letter, the Cupertino, California-based comps y outlined its plans and sought financial incentives to move ahead, according to the Wall Street Journal.
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Making goods such as iPhones locally would allow Apple to open its own stores in India, helping build its brand in a country where it has less than 5% of a booming smartphone market. Getting a foothold in India has been a challenge for Apple. The company has opened its retail stores in a number of countries around the world, but not in India. The country has restrictive real estate investment laws for foreign companies.
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