Apple has made a big move in the Indian market by announcing the opening of two retail stores in Mumbai and Delhi. The first Apple store in India is set to open on April 18 in Mumbai’s Bandra Kurla Complex, while the second store will open two days later in New Delhi’s Ambience Mall. These stores will offer Apple products and services, including iPhones, iPads, Macs, Apple Watches, and accessories.
The opening of the two Apple stores in India is a significant move for the company as it aims to expand its presence in one of the world’s fastest-growing smartphone markets. The Indian smartphone market has been dominated by Chinese manufacturers, with Xiaomi, Vivo, and Oppo leading the market share. However, Apple’s move to establish retail stores in India shows the company’s determination to penetrate and gain a foothold in the Indian market.
India is a crucial market for Apple as it seeks to reduce its dependence on China, where most of its products are manufactured. India offers Apple the opportunity to diversify its manufacturing operations and reduce its reliance on a single country. Additionally, the Indian government has introduced several incentives to encourage local manufacturing, making it an attractive destination for foreign companies like Apple.
The opening of the two Apple stores in India is also expected to provide a boost to the Indian economy, which has been hit hard by the COVID-19 pandemic. The stores are expected to create employment opportunities and provide a boost to the retail sector, which has been struggling due to the pandemic.
Moreover, the opening of the stores in Mumbai and Delhi is likely to give Indian consumers access to the latest Apple products, which were previously available only through authorized resellers. This move is expected to drive up sales and revenue for Apple, which has seen a decline in sales in recent years.
Apple’s decision to establish two retail stores in India is a significant move that demonstrates the company’s confidence in the Indian market. The stores are expected to provide a boost to the Indian economy, create employment opportunities, and provide Indian consumers access to the latest Apple products. This move is expected to strengthen Apple’s presence in the Indian market and provide a platform for the company to expand its operations and manufacturing capabilities in the country.