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Tim Cook to expand Apple services in India

Apple sees potential in Indian market and want to scale up its operations here.
BY BEx Bureau
BusinessEx
Aug 04, 2017

Apple iPhone growth rate is falling down in some of the countries but the company is still keen to invest in India because of the upbeat market in India that may help the company to increase its sales of its product.

Apple has already made investments in opening up a manufacturing unit in Bangalore which in contract with Wistron and has also started its iOS accelerator last quarter. Now the company is also focusing on sales, supply chain and marketing channel division.

In an investor call, Tim Cook, CEO of Apple said, We began to produce the iPhone SE there (India) during the quarter, and were really happy with how thats going. And so we're bringing all of our energies to bear there. I see a lot of similarities to where China was several years ago.

A discussion is in process for over a past year between Apple and Central Government regarding setting up of a manufacturing arm of Apple in India but the procedure is picking up its pace slowly due to governments unwillingness to grant subsidies to the company as the government is planning to attract all the smartphone manufacturers to start their own manufacturing practices in India.

Apple is trying to scale up its operations in India with a plan to covert India into next China in sales, manufacturing and export of iPhone.

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