Apple To Open The Doors To Its First Store In India In Mumbai
Apple is also building a store in the capital, New Delhi
Apple Inc. is all set to open its first flagship store in India this month in Mumbai, the move by Apple is part of its expansion plans in India which is the fastest-growing mobile market worldwide.
The company released a picture of the barricade of its retail store on Wednesday, though stopped short of giving a date for its opening. The store, housed in a posh shopping mall owned by billionaire Mukesh Ambani, is located in the city’s main business district alongside multinational banks.
India’s growing middle class is an attractive target group for the company’s pricey smartphones and computers, and Apple is expanding its manufacturing operation in the country too.
The US tech giant this year reshuffled the management of its international businesses to put a bigger focus on India, where online sales helped it report record revenue in the quarter to December. Chief Executive Officer Tim Cook has said Apple is putting “a lot of emphasis on the market" and compared the current state of its work in India to its early years in China.
Around The World