Apple to sell iPhones directly online in India: Report

Indian Apple users are in for a treat. A fresh report revealed that the Cupertino-based company’s much-awaited online store in India is expected to go live on Apple India site later this year.

According to a new report from TechCrunch, Apple is set to launch online hardware stores around the third quarter of 2020. Last year, in August, the government eased foreign direct investment (FDI) regulations, including easing rules for overseas single-brand stores and permitting FDI through the automatic route in contract manufacturing and all areas of coal mining.

Consequently, according to a Bloomberg report published last year, the Cupertino-based company is poised to start online sales of its devices in the country within months after India eased rules that forced companies such as Apple to source 30% of their production locally to include exports as part of the requirement.