Apple plans to increase investments and exports in India over the next few years, as it opens its second store in the India.
Apple, a popular technology company from the United States, may increase its investments and exports in India in the next few years. Apple recently opened a new store in India, which is the world's largest market for smartphones after China.
Cook's visit to India has been highly publicized, and he has been welcomed like a Bollywood star. Some people even tried to touch his feet as a traditional gesture of respect, while others asked for his autograph. Apple has faced difficulties in opening physical retail stores in India in the past, but its products are available on e-commerce websites, and the company opened its online store in India in 2020.
Apple makes most of its iPhones in India with the help of contract manufacturers from Taiwan but now plans to also produce iPads and AirPods in the country.
This move is part of Apple's plan to reduce its dependence on China. From April 2022 to February 2023, Apple's iPhones made up over half of the total smartphones exported from India, which is worth about $9 billion, according to data from the India Cellular and Electronics Association.
Rajeev Chandrasekhar, the deputy minister for information technology, said he was confident that Apple could double or triple its investments, growth, exports, and job opportunities in India. Chandrasekhar met with Apple CEO Tim Cook in New Delhi on Wednesday, where Cook also met with India's Prime Minister Narendra Modi.
Rajeev Chandrasekhar, the deputy minister for information technology, said he was confident that Apple could double or triple its investments, growth, exports, and job opportunities in India. Chandrasekhar met with Apple CEO Tim Cook in New Delhi on Wednesday, where Cook also met with India's Prime Minister Narendra Modi.
Cook inaugurated Apple's second store in India, located in New Delhi, on Thursday, just two days after opening the first outlet in Mumbai.
People eagerly waited to see Cook at the store in Delhi, and about 500 people gathered for his brief appearance. Cook interacted with fans, took selfies, and talked about Apple's commitment to growing and investing in India. Reeti Sahai, an Apple fan who took a selfie with Cook, said, "My heart was skipping a beat. I'm an Apple addict. I'm drawn to Tim Cook, seeing the man he is and the journey."
People eagerly waited to see Cook at the store in Delhi, and about 500 people gathered for his brief appearance. Cook interacted with fans, took selfies, and talked about Apple's commitment to growing and investing in India. Reeti Sahai, an Apple fan who took a selfie with Cook, said, "My heart was skipping a beat. I'm an Apple addict. I'm drawn to Tim Cook, seeing the man he is and the journey."
Cook's visit to India has been highly publicized, and he has been welcomed like a Bollywood star. Some people even tried to touch his feet as a traditional gesture of respect, while others asked for his autograph. Apple has faced difficulties in opening physical retail stores in India in the past, but its products are available on e-commerce websites, and the company opened its online store in India in 2020.
