Apple to Start Online Sales in India After Country Eases Rules
- iPhone maker could start online sales in country within months
- Eased requirements may reduce China manufacturing dependency
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Apple Inc. is poised to start online sales of its devices in India within months, a person familiar with the matter said, benefiting from new rules making the world’s fastest-growing smartphone market more attractive to foreign brands.
On Wednesday, India eased rules that forced companies such as Apple to source 30% of their production locally -- a requirement the iPhone maker has been lobbying against for years -- to include exports as part of the requirement.