Apple or no Apple

Govt must stick to a rule-based regime

Apple Inc wants tax relief from the Indian government for its proposed manufacturing facilities in the country. India is important for Apple because the country is the world’s fastest growing market for mobile phones even as growth has slowed in markets such as China. Apple is a small player in India right now, with a market share of around two per cent but, with rising disposable incomes in the economy, it sees a big market for its products in the near future. During his last visit to India, Tim Cook, Apple’s chief executive officer, had said that India would be