Apple growth strategy hits major roadblock in India | Business Insider


The Indian government has rejected a request by Apple to import and sell refurbished iPhones in the country, Bloomberg reports.

It’s a major setback to Apple’s India strategy, a major component of which was reusing old iPhones as a low-cost option in addition to selling new iPhones, which are too expensive for many Indians.

Indian smartphone companies opposed Apple’s application, according to Bloomberg.

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