Apple CEO Tim Cook Meets PM Modi, Commits to Growth, Investment in India

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Apple CEO Tim Cook Meets PM Modi, Commits to Growth, Investment in India


Apple Chief Executive Officer Tim Cook on Wednesday dedicated to progress and funding throughout India in assembly with the nation’s prime minister, Narendra Modi, in New Delhi.

Cook is on a go to to India this week and inaugurated the iPhone maker’s first retail retailer in the nation on Tuesday in Mumbai. Apple may even open a retail retailer in New Delhi on Thursday.

“We share your vision of the positive impact technology can make on India’s future — from education and developers to manufacturing and the environment, we’re committed to growing and investing across the country,” Cook wrote on Twitter and shared an image of him shaking palms with Modi.

In response, the Indian PM tweeted that it was an “absolute delight” to meet Cook.

“Glad to exchange views on diverse topics and highlight the tech-powered transformations taking place in India,” Modi stated.

Cook’s go to to India underscores Apple‘s rising ambitions for the nation, the place regardless of having only a 3 % market share the corporate has been increasing iPhone meeting by way of contract producers, and in addition boosting its exports.

Around $9 billion (roughly Rs. 738 Crore) value of smartphones have been exported from India between April 2022 and February this yr and iPhones accounted for greater than 50 % of that, knowledge from the India Cellular and Electronics Association reveals.

Apple’s new Mumbai retailer, which opened to the general public on Tuesday, is in the premier Reliance Jio World Drive mall, house to luxurious clothes and jewelry manufacturers like Michael Kors, Kate Spade and Swarovski. It is 20,800 sq. ft, far larger than the deliberate Delhi outlet, native registration paperwork present.

© Thomson Reuters 2023
 


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