The company wants to time the India ecommerce business launch with the arrival of the new iPhones.

To begin with, Apple’s distribution centre near Mumbai operated by global logistics partner DB Schenker will act as the hub for the company’s online store.

The report also said that the brick-and-mortar Apple Store will come up in 2021 since it takes over 10-12 months to set up such a store.

The same year, Apple CEO Tim Cook announced his target to reach $5 Bn in sales in India by 2020, reports the Wall Street Journal.

Further, in terms of domestic manufacturing, Apple with its manufacturing partner Foxconn will be investing $1 Bn in India to export ‘Made in India’ iPhones around the world. | To read full story, visit https://startuparound.com/read/1580270405.5687547/Apple-CEO-Tim-Cook-To-Visit-India-As-Apple-Store,-Ecommerce-Plans-Hit-By-Delay?ref=audio_experience