Again Yitzhak Khabinsky helped me on this and below is the way I was able to resolve this.

Here is a streaming solution for...

Thank you, Phil, for your time.
I got the solution in 2 ways.
1) By using XML Task Editor( Control flow task) .... Any help is greatly appreciated.

FYI...

Thank you sgmunson and Lowell.
I tried the above-using statement but still, it is failing with the same error.

Any help is really appreciated.

Thank you Sreekanth.
I did the way you suggested and saved the SSIS package and it is working now.
Not sure what went wrong when I created the Connection manually. 
Really Appreciate your...

I did unzip it manually to test it first.
If the load process works then I know how to download and unzip it using SSIS.
Please let me know If...

Sorry If I meant it in the wrong way.
Jut trying to understand If I am doing the right way or not.