The article noted that while Indiais economy is strong, its Sensex benchmark index dropped by 20% over the past month as investors reacted to the news that paychecks jump 13% and 30% for entry-level and management jobs, respectively, between 2000 and 2004.
Apple has retained a small sales and marketing staff in the country, however, and on May 29 it announced a partnership with New Delhi-based HCL to support iPod sales in India. HCL has said it will offer Apple services similar to those it provides to Nokia.