Indian business newspaper Mint reports (via iPhone Hacks) that Apple may be preparing to open retail stores in India, dramatically increasing the company's presence in the country. According to the report, Apple's interest comes as Indian regulators have eliminated ownership requirements that had previously required single-brand retail outlets such as Apple Stores to have at least 49% domestic investment. One potential hurdle does remain, as ventures with high levels of foreign investment such as what Apple would offer will be required to source 30% of their product value from small businesses in India. But regulators appear willing to address that requirement as well depending on Apple's official analysis of the viability of a retail effort in India. The report notes that Apple attempted to create an Indian presence back in 2006 with a tech support center, but the company quickly abandoned those plans. Article Link: Apple Retail Stores Coming to India?