Apple establishes its first Indian store to boost growth

Apple, one of the world’s most well-known and successful smartphone manufacturers, just inaugurated its very first official retail location in India. This new development sheds light on the significant importance that the Indian market plays for the technology giant based in Cupertino.

Apple’s first retail location in India, which it refers to as Apple BKC, can be found in Mumbai. In the following days, the business will establish a second store in the city of Delhi, which serves as the capital of India. Visit Samsunghubs to learn more about the latest news!

According to Apple, the recently opened store in BKC uses 100 percent renewable energy to power its operations. It is entirely powered by solar energy and does not rely in any way on the use of fossil fuels to function as a retail establishment.

Even though Apple has just opened its first store in India, the firm has been operating nationwide for over 25 years but has always relied on third-party vendors to distribute its wares there. Read Also – Users in Europe can opt out of tracking on Facebook & Instagram

Apple’s store is the corporation’s first standalone retail location in India. The corporation has already laid the groundwork to raise the number of iPhones manufactured in India to facilitate its goal of increasing sales in the Indian market.

Android has maintained its position as the dominant operating system in the Indian smartphone market, led by businesses such as Samsung and Xiaomi.

The products that Apple sells are considered part of the premium category, defined as phones with prices greater than 30,000 (about $365). This segment represents around 10 percent of the total number of phones sold in the country. Also Read – ChatGPT-5 is expected to come out at the end of 2023, will it achieve AGI?

The United States and China purchased over 50 million iPhones last year. Apple shipped approximately 6.5 million iPhones worldwide in 2017. Even though it holds less than 5% of the smartphone market share in India, the business believes there is room for expansion in terms of the demand for Apple iPhones in the country.

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