India rejects Apple's plans to sell refurbished iPhones, but might agree to Apple Stores

The Indian government has rejected Apple's proposal to sell refurbished iPhones in the country, but said it was considering the company's application seeking a waiver of the mandatory local sourcing rule to open its retail stores.

"We would not be in favour of whatever you may call them — used but refashioned, remodelled, updated... used goods," commerce and industry minister, Nirmala Sitharaman said. 

However, she said that it could look at relaxing the 30% local sourcing norm required for all foreign single brand retails stores in India for Apple. This rule is exempt for cutting-technology products.  Read more...