Apple's thousand year plan for India
With developed economies facing political and economic crisis, Apple’s decision to focus on emerging economies makes absolute sense as the company seeks to maintain growth. It has already seen significant success in China, but its attempts to expand its business in India have so far been thwarted by local economic policy.
Apple’s response
India demands that 30 percent of the components used in consumer electronics sold in the country be sourced domestically. That kind of makes sense, given that lack of that kind of economic policy in other developed economies has transformed these into low paid service industries, but for Apple the challenge is that the majority of its products are manufactured in China.
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