Apple to Open Stores in Bengaluru, Mumbai, Pune & Noida: Report
In a significant move to expand its presence in the Indian market, Apple is planning to open new retail stores in the country. According to a recent report, the tech giant is set to open stores in Bengaluru, Mumbai, Pune, and Noida in the coming years. This expansion is expected to increase the company’s retail footprint in India, which currently has only two stores, one in New Delhi and the other in Mumbai.
The news was confirmed by Tim Cook, Apple’s CEO, who announced the plans during a recent interview. Cook mentioned that Apple is looking to open new stores in India in 2025, with the tentative locations being Bengaluru, Mumbai, Pune, and Noida. This move is seen as a strategic step by Apple to increase its market share in the Indian smartphone market, which is one of the fastest-growing in the world.
India has been a key market for Apple, with the company’s sales in the country growing steadily over the years. In 2020, Apple reported a revenue of $1.4 billion in India, a significant increase from the $700 million it reported in 2019. The company’s decision to open new stores in India is a testament to its commitment to the country and its growing demand for its products.
The new stores are expected to offer a range of Apple products and services, including iPhones, Macs, iPads, Apple Watches, and Apple TV. The stores will also feature a range of services, including AppleCare+, Genius Bar, and Personal Shopping. Apple’s retail strategy is centered around providing a seamless and personalized shopping experience to customers, and the new stores are expected to follow the same philosophy.
In addition to opening new stores, Apple is also planning to shift the production of iPhones for the US market from China to India by 2026. This move is part of the company’s efforts to diversify its supply chain and reduce its dependence on a single country. India’s growing manufacturing capabilities and favorable business environment make it an attractive destination for Apple’s production needs.
The shift in production is expected to create new job opportunities in India, particularly in the manufacturing sector. Apple has already begun to invest in its Indian operations, with the company setting up a manufacturing facility in Bengaluru. The facility is expected to start producing iPhones for the global market by the end of 2025.
Apple’s decision to expand its presence in India is seen as a win-win for both the company and the country. For Apple, the move provides an opportunity to tap into the growing demand for its products in India, while for India, it brings in new investment and job opportunities. The expansion is also expected to boost Apple’s brand reputation in the country and increase its market share in the Indian smartphone market.
In conclusion, Apple’s decision to open new stores in Bengaluru, Mumbai, Pune, and Noida is a significant development in the Indian tech industry. The move is expected to increase Apple’s retail footprint in the country, provide new job opportunities, and boost the company’s brand reputation. With its commitment to innovation and customer experience, Apple is poised to make a significant impact in the Indian market in the coming years.
