Apple will soon come up with its first online store in India in September, as sources told Bloomberg. The store will be ready for operations just ahead of the festive Dussehra-Diwali spending season, as per the reports.
So, you can expect the online store soon. The company is looking to go beyond China for the marketing. And also, manufacturing base of its products and focus on India. With ease in FDI guidelines, there is no provision that earlier required companies to mandatorily set up a brick-and-mortar store before getting into online retail trading, news agency PTI noted. The company said it was keen on offering online and in-store experiences to Indian users at par with its global standards.
Cook said at Apple’s annual shareholder meeting in Cupertino in February,
“Apple would start selling its products online in the country this year and will open its first Apple-branded store there next year,”. Adding, “I don’t want somebody else to run the brand for us.”
Also, Apple is also planning to bring in two physical retail stores in India. The first one will be in Mumbai’s Bandra-Kurla Complex (BKC) locality. The second brick-and-mortar store will be in Bangalore near Minsk Square.
For now, Apple is selling via third party franchise partners and and online platforms like Croma, Amazon and FlipKart.
Apple’s Taiwanese manufacturer, Wistron has began the hiring processes for the local production of iPhone 12 components in India. Till now it has hired 2000 locals, as per reports. Also, it is looking to hire 10,000 employees. The local production of iPhone SE has started in India in Wistron.