Apple was frantically trying to get the nod from the officials for its exclusive retail stores in India, thus eventually circumventing the 30% local sourcing condition. After a panel recently recommended that Apple should be exempted from the local outsourcing law, the appeal was waiting for a final nod from the Finance Ministry.

apple store india

 

 

It seems that Apple has finally received the nod from the authorities and will soon be setting up Apple Stores in three cities across India, including Delhi, Bangalore, and Mumbai, in the next year and a half. The company would also be setting up an accelerator in India to fuel the start-up growth.

Apple has been striving to increase its paltry 2% market share in India and, as a result, has also proposed plans to sell refurbished iPhones, which was later on squashed by the authorities. Apple has also offered exciting leasing offers for corporate users, all in a bid to bring in first-time iPhone users on board.

As FactorDaily reported, each of the Apple Store is expected to be spread across 10,000 sq feet and will be located at prime locations in the three cities. Currently, Apple has been selling its wares through retailers like Redington India and Micro Ingram, but with the exclusive stores on the horizon, it is quite possible that these distributors will be hit hard. Exclusive Apple stores have been known for their exceptional customer care, and the way they handle the issues is something that has been lauded.

Apple has been exempted under the ‘state of art tech’ norm, thus allowing them to set up exclusive stores in India. With all the efforts that are going in, it is just a matter of time before Apple sales climb the charts in India, and we also expect a slew of new initiatives from the Cupertino company to help first-time Apple users hop onto the bandwagon.

Was this article helpful?
YesNo