Firms like Apple can now start online stores before physical shops

The government has relaxed FDI rules for single-brand retailers, allowing them to open online stores before physical shops. The move makes it easier for firms like Apple, which don't operate stores in India, to start selling online. The government also eased rules forcing single-brand retailers to source 30% of their production locally to include exports as part of the requirement. #sutathu,#firms,#apple,#onlinestores,#physicalshops,#business