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Apple Inc bets big on India as it opens first flagship store

Apple Inc bets big on India as it opens first flagship store

28 Sept 00:18 Key points summarised by AI
  • Apple launched its first flagship stores in India (Mumbai and New Delhi), marking a significant expansion into the country's rapidly growing market.
  • The move underscores Apple's commitment to India, the world's second-largest smartphone market, where iPhone sales are steadily increasing, particularly in the premium segment.
  • India is emerging as a critical manufacturing hub for Apple, with plans to produce 25% of its global iPhones there within five years, diversifying its supply chain away from China.
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