Tag: FIPB

Apple discussing waiver of local sourcing with Indian Government

Apple discussing waiver of local sourcing with Indian Government

Written by on May 31, 2016 in News with 0 Comments

NEW DELHI (Reuters) – The Indian government on Monday said it was discussing Apple Inc’s foreign direct investment application that seeks a waiver from a local sourcing rule. Nirmala Sitharaman, commerce and industry minister in the federal cabinet, told reporters her ministry would discuss the issue with the finance ministry. The finance ministry’s foreign investment […]

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