Apple’s Reported Indian Retail Store Plans Run Up Against Local Sourcing Roadblock

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http://techcrunch.com – Apple is reportedly considering the opening of physical Apple Retail locations in India, but the WSJ reports that that could be a problem because of an Indian regulation that says foreign retailers have to source 30% of the value of the goods they sell from Indian firms. That would be very hard for Apple to manage, since its components come primarily from Chinese suppliers. But if it can get on the ground somehow, it stands to gain a lot in a market where it’s currently trailing Samsung and others. Apple has a reported 1.2% of handset market share in India, compared to 51% for market lea (IT news)