Apple ready to launch its online store in India on September 23rd
Apple will launch its online store in India on September 23rd, allowing customers to buy the products directly from Apple .
“We know how important it is for our customers to stay in touch with those they love and the world around them. We can’t wait to connect with our customers and expand support in India with the Apple Store online on September 23!” wrote Apple’s CEO Tim Cook in twitter on 18th September 2020.
The government is providing relaxation in local sourcing norms for foreign direct investment (FDI) for single-brand retail, giving an opportunity for companies like Apple to open their stores .
That means the companies aren’t obliged to follow the rule that allowed brands to sell via their owns stores only if they source 30 percent of their hardware components locally.
A report from the Economic Times states that iPhone maker intends to open its online store within three to five months.
It’ll later set up its stores in Mumbai earlier next year.