your password has been reset successfully, Please login again.

Apple plans to enhance manufacturing & retail stores in India

Apple sees potential in Indian market and planning to ramp up retail stores and manufacturing services in India.
BY BEx Bureau
BusinessEx
Aug 09, 2017

Apple Inc. is in discussions to scale up its manufacturing operations and bring new technology in India. The company further plans is to create a network of its own retail stores, develop localised features on the operating system and bring a change by diverting developers mindset towards iOS from Android.

The company also planning to bring its certified pre-used iPhones in the country at lower rates but for that, the company is seeking government approval.

In an interview with Business Line, Tim Cook, Apple CEO said, He was very happy with the companys progress in India.

Cook said, We just got started on local production of iPhones and its very successful so far. We want to continue to ramp up production, which means more volumes and more products for us. We are looking at taking the next steps; including developing the channel and expanding touch points. We are keen on going ahead with our own retail, so we are investigating that.

Tim said, I still believe that certified pre-owned phones will be good for India. Its a programme thats widely used in the US, all throughout Europe and almost every country in the world where we sell. We just have to do a better job explaining it and talking about the advantages.

After going for a cricket match during my visit to India last year I realised that this was something we should have done already. We are also localising our keyboards within iOS, Cook said.

Please add your Comment
SIMILAR News
April 12, 2018
New Delhi-based startup Chariot has raised Rs.2 crore funding from GEMS Partners. ...More
By Ritu Marya
April 10, 2018
Yumlane's parent company QwikPik secures Rs.26 crore funding from RB Investments and its existing in ...More
By Ritu Marya
April 05, 2018
Digital lending startup Namaste Credit secures $3.8 million funding from Nexus Venture Partners. ...More
By Ritu Marya
April 03, 2018
Ride-hailing company Ola buys public transport ticketing app Ridlr. ...More
By Ritu Marya
April 03, 2018
MoveInSync secures $8 million funding in Series B round led by Nexus Venture Partners. ...More
By Ritu Marya
March 31, 2018
Nandan Nilekani and Sanjeev Aggarwal venture capital fund Fundamentum secures $20 million funding fr ...More
By Ritu Marya
March 30, 2018
Google makes its second direct investment in Mumbai-based fashion e-commerce platform Fynd. ...More
By Ritu Marya
March 28, 2018
Delhi-based workforce management startup Roadcast secures $250,000 in an angel funding round. ...More
By Ritu Marya
March 28, 2018
Micro-lending platform SmartCoin raises $2 million funding in Pre-Series A round led by multiple inv ...More
By Akshay Arora
March 27, 2018
DriveU raises $3 million funding in Pre-Series A round led by multiple investors. ...More
By Akshay Arora
March 27, 2018
Cash Suvidha secures $1 million in Pre-Series A round from Initia Holdings, others. ...More
By Akshay Arora
March 07, 2018
Agri-tech startup Gramophone raises $1 million funding in pre-Series A round led by Info Edge. ...More
By Akshay Arora