Apple To Launch Startup Accelerator, Three Apple Stores In India, Says Report (factordaily.com)

Apple plans to set up three of its own retail stores -- the iconic Apple Store -- in India, reports FactorDaily. The stores will be setup in Delhi, Bangalore, and Mumbai in the next 18 months. The report adds that Apple also plans to unveil a startup accelerator in the country which would incubate ideas largely around apps built for iOS. The publication claims that these announcements will be made public later this week when Apple CEO Tim Cook visits India. With the growth of iPhone sales starting to decline, and India being one of the handful places to show an increasingly growing interest in its phone, Apple has shifted its focus in the recent months to actively target Indian market.