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India Sees Apple Nearly Tripling Investment, Exports in Coming Years

By Krishna N. Das and Tanvi Mehta NEW DELHI (Reuters) – U.S. tech giant Apple <AAPL.O> could double or triple investments in India, along with exports, over the next few years, a minister said, as the company opened a second store in the world’s biggest smartphone market after China. Apple mainly assembles iPhones in India […]

Apple Now Makes Almost 7% Of Its Iphones in India - Bloomberg News

Apple Inc has significantly increased its production of iPhones in India, accounting for almost 7% of its total iPhone production, up from 1% in 2021, Bloomberg News reported on Thursday. The company assembled more than $7 billion worth of iPhones in the country in the last fiscal year, the report said. Apple did not immediately […]

Apple Says ‘Hello Mumbai’ at First India Store Launch

Apple Inc on Wednesday revealed the look of its first retail store in India, as several people tried to catch a glimpse outside the store’s black and yellow artwork patterned after Mumbai’s iconic taxis. The store is still in barricades and is likely to open this month, a person familiar with the matter told Reuters. […]

Apple, Samsung to Upgrade Phone Software in India for 5G Roll Out by Dec

Apple Inc and Samsung Electronics will upgrade software for their 5G-enabled phones in India by December, the companies said on Wednesday, as Indian authorities press mobile phone manufacturers to adopt the high-speed network. Apple said it would push software upgrades to recent models, including the iPhone 14, 13, 12 and iPhone SE, which, industry sources […]

Apple Under Antitrust Scrutiny by Indian Watchdog

India’s competitions watchdog, the Competition Commission of India (CCI), is launching an investigation into Apple’s business practices for the alleged abuse of its dominant market position in the Indian app market, violating antitrust laws.  This move comes after a non-profit group, “Together We Fight Society,” accused the tech giant of forcing app developers to abide […]

Apple to launch first online store in India next week

NEW DELHI (AP) — Apple announced Friday that it will launch its first online store in India next week, as it seeks to increase sales in one of the world’s fastest-growing smartphone markets. The company at present uses third-party online and offline retailers to sell its products in the country. Apple CEO Tim Cook said […]