Wednesday, 26 April 2023

Apple in India

Apple Chief Executive Tim Cook has launched the company's first retail store in India in the financial capital Mumbai. Videos showed Mr Cook waving to customers and opening the store's doors as employees clapped and cheered. He also greeted customers who visited the store and posed for selfies with some of them. Mr Cook will also attend the opening of a second store in the capital Delhi on Thursday. Reports say that people from across India came to Mumbai to participate in the opening event, which also featured local music and folk dance performances. The design of the Mumbai store - which is located in an upscale neighbourhood - has been inspired by the black-and-yellow taxis that are ubiquitous in the city. Until now, Apple products have been available in India either online or through a vast network of resellers. The new stores come at a time when Apple is trying to deepen its retail push in India, the world's second largest smartphone market. The iPhone is still an aspirational product in the price-sensitive Indian market, where more than 95% of smartphones run on Google's Android platform.India is also rising as a manufacturing base for the iPhone as Apple diversifies its supply chains away from China. India now accounts for 5% of total iPhone production.