Apple to Open Stores in Bengaluru, Mumbai, Pune & Noida: Report
In a major move to expand its retail presence in the Indian market, tech giant Apple is planning to open new retail stores in the country, with tentative locations being Bengaluru, Mumbai, Pune, and Noida. This development comes as a significant boost to Apple’s growth strategy in India, where it currently has only two stores, one in New Delhi and the other in Mumbai.
According to a report by Financial Express, Apple’s plan to open new stores in India is part of its broader strategy to increase its footprint in the country. The report cites Tim Cook, Apple’s CEO, as confirming the plans to open new stores in India in 2025. Cook made the announcement during his company’s annual Worldwide Developers Conference (WWDC) in June.
The new stores are expected to offer customers a unique shopping experience, featuring Apple’s latest products, including iPhones, Macs, iPads, and Apple Watches. The stores will also provide customers with access to Apple’s Genius Bar service, which offers repair and maintenance services for Apple products.
In addition to expanding its retail presence, Apple is also planning to shift the production of iPhones for the US market from China to India by 2026. This move is seen as a significant step towards Apple’s efforts to reduce its dependence on China and diversify its manufacturing base.
India has become an increasingly important market for Apple, with the country’s smartphone market growing rapidly in recent years. According to a report by Counterpoint Research, India’s smartphone market is expected to grow at a compound annual growth rate (CAGR) of 13.5% between 2020 and 2025, driven by increasing demand for affordable smartphones.
Apple’s plans to expand its retail presence in India are seen as a strategic move to capitalize on this growth. By opening new stores in cities such as Bengaluru, Mumbai, Pune, and Noida, Apple is likely to increase its visibility and appeal to a wider range of customers in the country.
Bengaluru, in particular, is expected to be a key market for Apple, given its status as a major tech hub in India. The city is home to many of India’s top tech companies, including Infosys, Wipro, and HCL Technologies, and is also a major center for startups and entrepreneurship.
Mumbai, on the other hand, is expected to be an important market for Apple due to its large consumer base and high disposable income. The city is home to many of India’s top businesses and is a major hub for finance, commerce, and industry.
Pune, meanwhile, is expected to be a key market for Apple due to its growing tech industry and increasing demand for smartphones. The city is home to many of India’s top tech companies, including Tata Consultancy Services, Mahindra & Mahindra, and Bajaj Auto.
Noida, finally, is expected to be an important market for Apple due to its proximity to Delhi and its growing consumer base. The city is home to many of India’s top companies, including Hindustan Unilever, ITC, and Wipro, and is a major hub for IT and BPO services.
In conclusion, Apple’s plans to open new retail stores in Bengaluru, Mumbai, Pune, and Noida are a significant development for the company’s growth strategy in India. By expanding its retail presence in these cities, Apple is likely to increase its visibility and appeal to a wider range of customers in the country.
