The US-based company has sought approval from the government on setting up single-brand retail stores in the country. A government panel has recommended exempting Apple from mandatory local sourcing norms, a move which would pave the way for Apple to open single-brand retail stores in the country. The company had given a detailed presentation to the committee headed by Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek on April 19, on its products, technology, innovations and camera. "The committee has found that the company's products are cutting edge technology and state-of-the-art. It has recommended to exempt them from...