The Commerce Minister said her ministry wouldn t mind a waiver of retail rules for Apple
The Apple logo is seen from inside the company's Boylston Street store in Boston on Sept. 16, 2015.
Apple may still get to set up wholly-owned stores in India, with the country s Commerce Ministry promising to discuss the matter with the Finance Ministry that had objected to the proposal.
Indian government rules require that foreign-owned, single-brand retailers source 30 percent of their products locally, but the Indian government had indicated that it could provide a waiver of that requirement for branded stores of retailers of high-tech products.
Apple has decided to focus on India, where it saw 56 percent year-on-year growth in iPhone sales in the last quarter.
But that move came in for criticism from the environment ministry which is concerned that this could create a recycling problem, as the phones would be closer to end of life.
But during a meeting this month between Apple CEO Tim Cook and Indian Prime Minister Narendra Modi in Delhi, the executive spoke of the possibilities of manufacturing and retailing in India, according to the country s Press Information Bureau.