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 major cities – Bengaluru, Mumbai, Pune, and Noida, according to reports. This development comes as a major boost to the company’s growth plans in the Indian market, which has been steadily gaining importance in its global strategy.
Apple currently has only two retail stores in India, both of which are located in New Delhi and Mumbai. However, with the proposed expansion, the company aims to increase its footprint in the country and cater to the growing demand for its products.
The news was confirmed by Apple’s CEO Tim Cook, who announced the company’s plans to open new stores in India in 2025. Cook made the announcement during Apple’s annual Worldwide Developers Conference (WWDC) in June, but the specific cities were not revealed until recently.
According to reports, Apple has shortlisted Bengaluru, Mumbai, Pune, and Noida as the tentative locations for its new stores. Bengaluru, in particular, is an important hub for the Indian tech industry, with many reputed companies having their offices and research centers there. The city is also home to a large number of startups and entrepreneurs, who are increasingly adopting Apple products.
Mumbai, being the financial capital of India, is also a critical location for Apple’s retail expansion. The city has a large number of high-end consumers who are likely to be interested in Apple’s premium products. Pune, on the other hand, is a significant hub for the automotive and manufacturing industries, and Apple’s presence in the city could help the company tap into these markets.
Noida, which is a part of the National Capital Region (NCR), is another important location for Apple’s retail expansion. The city is home to many multinational companies, including those in the tech and IT sectors, and has a large number of young professionals who are likely to be interested in Apple’s products.
The expansion of Apple’s retail presence in India is part of the company’s larger strategy to increase its presence in the country. 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 expected to create thousands of jobs and generate significant revenue for the Indian economy.
The shift in production is part of Apple’s efforts to diversify its supply chain and reduce its dependence on China. The company has been facing intense competition in the Chinese market, where local rivals such as Huawei and Xiaomi have been gaining ground. By shifting production to India, Apple aims to capitalize on the country’s large and growing consumer base.
India has been an important market for Apple, and the company has been steadily increasing its presence in the country over the past few years. In 2020, Apple launched its online store in India, which allowed customers to purchase Apple products directly from the company. The company has also been expanding its authorized reseller network in India, which now includes over 1,000 retailers across the country.
In conclusion, Apple’s plans to open new stores in Bengaluru, Mumbai, Pune, and Noida are a significant development for the company’s growth plans in India. The expansion is expected to increase Apple’s retail presence in the country and cater to the growing demand for its products. The shift in production of iPhones for the US market from China to India is also expected to create thousands of jobs and generate significant revenue for the Indian economy. With its global strategy increasingly focused on India, Apple is poised to play a major role in the country’s tech landscape in the years to come.
