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Apple To Pump In Rs. 1000 Crore To Set Up An Online Retail Platform And Open 3 Stores In India
Apple has already begun readying itself to take advantage of the Indian government’s announcements which eased FDI in retail. Apple has told government officials that it plans to pump in close to Rs. 1000 crore in setting up its online selling platform and opening three retail outlets in India over the next two to three years. “There have been meetings with company executives. The first store is likely to come up in Mumbai followed by Delhi...