India rejects Apple temples in its country
 

India might have hundreds of thousands of temples, mosques and churches but it is saying no to the latest religion from the US because it is not cutting edge enough.

Apple was planning to build three of its temples of the holy cash pile in India, known as “Apple Stores” but the Indians have told the fruity cargo cult that it must meet a rule obliging foreign retailers to sell at least 30 percent locally-sourced goods.

This has poured cold water on Apple’s plans to use the Apple Stores as a base to rapidly convert the Indians away from their old gods and to something more consumer orientated. India’s smartphone market is still growing, while the rest of the world is losing interest.

http://www.techeye.net/business/indi...in-its-country