June 20th, 2016Apple Inc could open its first stores in India and might eventually start manufacturing in the country under new foreign investment rules for retailers outlined on Monday.
The new rules exempt foreign retailers for three years from a requirement to source 30 percent of the goods sold in company-owned stores locally.
That would allow...
May 24th, 2016As Apple CEO Tim Cook spoke of plans to expand manufacturing operations in India, China apprehends that it could lead to possible exodus of Apple production chain and loss of tens of thousands of jobs, Chinese state-run media said.
"It seems the time has come for China to consider whether it is ready for the possible exodus of Apple...
May 21st, 2016On last day of his maiden trip to India, Apple CEO met PM Modi on Saturday. Showing interest in making Apple products in India, the global technology giants chief Tim Cook discussed with Prime Minister Narendra Modi the "possibilities of manufacturing" and tapping the young talent pool in the country.
On his maiden visit to India, the...
April 15th, 2016Micromax, country's second-largest handset maker is likely to invest around Rs 2,000 crore in the next five years in manufacturing and new product lines, its co-founder Rajesh Agarwal said today.
He said the company is expected to clock Rs 15,000 crore revenues during the current fiscal. It recorded Rs 12,000 crore revenues last...
January 8th, 2016Few months back, I was watching a video called, "Ambani the investor". In that video, a poor boy makes money and doubling the money using garbage and products. At that moment, I was inspired and wish that if I could see someone in real life like this boy.
After a month, I received a mail from Hritesh Lohiya, the founder of Priti...