Where will Apple first offline store will open next month in India

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najiya abdul khan asked 26-Aug-2020 in Business & Finance by najiya abdul khan

Where will Apple first offline store will open next month in India

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Palak Anjum answered 27-Aug-2020 by Palak Anjum

Where will Apple first offline store will open next month in India

In September 2019, Apple reportedly conveyed its plans to the Indian government to open up to three brick-and-mortar outlets and an online store in India. Reports last year suggested that Apple's first offline store in India are going to be open by September 2020, however, with COVID-19 outbreak altering most timelines, this might even be delayed. As for the web store, Apple did announce its plans to launch a company-owned online store in India, however, there's no confirmation on when this may happen.

Now, a report by Bloomberg claims that the web store may launch in India as soon as next month. Reportedly, Apple aims to launch the web store before the Diwali-Dussehra festive season.
Apple to soon launch a web store in India; reports suggest it might be as soon as next month
Representational image: Pixabay
Notably though, in January this year, at the revenue call meeting, Apple CEO Tim Cook had already confirmed that the corporate will launch its online store in India by the end of 2020.
tech2 reached bent Apple to verify the alleged September timeline, however, the corporate refused to authenticate that. Yet Apple has not made any official announcement regarding this also.
Apple announced its plans for opening offline and online stores in India last year after the govt relaxed FDI norms, offering players more flexibility on local sourcing norms. It also did away a provision that required companies to mandatorily found out a brick-and-mortar store before stepping into online retail trading.
Earlier this month, Apple became the first US company to boast a market value of $2 trillion.
Apple's first offline store in India are going to be located at Mumbai’s Maker Maxity mall in Bandra Kurla Complex (BKC). Apple will reportedly open its second offline store in Bangalore.