As part of a new proposal, India said that single-brand retail companies like Apple can open online stores before they set up physical stores in the country.
This would allow Apple, which has yet to set up retail stores in the country, to start selling a range of products through its own online store. Currently, Apple sells its products in India through partnered third-party offline retailers and e-commerce platforms such as Amazon India, Flipkart and Paytm Mall.
India is Apple’s next—and perhaps last—country for big potential growth in the electronics market. Keep a close eye on this relationship in the future. I expect Apple to build data centers and other resources in the country, if they don’t have such things already.
Check It Out: India Just Passed a Law That Will Help Apple