Apple to Open Stores in Bengaluru, Mumbai, Pune & Noida: Report
In a significant move, Apple is planning to expand its retail presence in India by opening new stores in four new cities, including Bengaluru, Mumbai, Pune, and Noida. This development comes as a major boost to the technology giant’s efforts to increase its market share in the Indian market.
According to a recent report, Apple is expected to open these new stores in 2025, with Bengaluru, Mumbai, Pune, and Noida being the tentative locations. Currently, Apple has only two stores in India, one in New Delhi and the other in Mumbai.
The news was confirmed by Tim Cook, Apple’s CEO, during a recent interview. Cook stated that the company is planning to open new stores in India, but did not reveal the exact timeline or locations. However, sources close to the development have confirmed that the four cities mentioned above are the likely locations.
This expansion is seen as a strategic move by Apple to increase its presence in the Indian market, which is one of the fastest-growing economies in the world. India has a large and growing middle class, with a significant demand for premium smartphones and other electronic devices.
The Indian market is also home to a large number of Apple enthusiasts, who have been eagerly waiting for the company to expand its retail presence in the country. With the opening of new stores, Apple fans will have easier access to the company’s products and services, including the latest iPhone models, Mac laptops, and Apple Watch.
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 major boost to India’s manufacturing sector, which has been struggling to attract foreign investment.
The decision to shift production to India is expected to create thousands of jobs in the country, both directly and indirectly. Apple has already partnered with a number of Indian companies, including Foxconn and Wistron, to set up manufacturing facilities in the country.
Apple’s decision to expand its retail presence and shift production to India is seen as a major win for the Indian government, which has been trying to attract foreign investment and create jobs in the country. The government has been offering a number of incentives to companies to set up shop in India, including tax breaks and subsidies.
The expansion of Apple’s retail presence in India is also expected to boost the country’s economy, which has been growing at a rate of over 7% per annum. The consumer electronics industry is a significant contributor to India’s GDP, and Apple’s expansion is expected to create new opportunities for businesses and entrepreneurs in the country.
In conclusion, Apple’s decision to open new stores in Bengaluru, Mumbai, Pune, and Noida is a significant development for the technology giant and the Indian market. The expansion is expected to create new job opportunities, boost the economy, and increase Apple’s market share in the country.
