News Formal

India sees Apple nearly tripling investment, exports in coming years

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 66%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

NEW DELHI: US tech giant Apple could double or triple investments in India along with exports in the next few years, a minister said, as the company opened a second store in the big mobile phone market. Apple mainly assembles iPhones in India through contract manufacturers, but has plans to expand into iPa

NEW DELHI: US tech giant Apple could double or triple investments in India along with exports in the next few years, a minister said, as the company opened a second store in the big mobile phone market.

"I am very confident that this Apple-India partnership has a lot of headroom for investments, growth, exports and jobs - doubling and tripling over coming years," Rajeev Chandrasekhar, the deputy information technology minister, told Reuters. Cook, who also met Prime Minister Narendra Modi, said Apple was"committed to growing and investing across the country".

"We've come here only to see Tim Cook," said Manika Mehta, 32, an Android phone user who queued at the Delhi store in a gesture of support for her husband, an Apple fan.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yes

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple CEO meets India PM Modi, commits to growth and investmentNEW DELHI : Apple Inc Chief Executive Officer Tim Cook on Wednesday committed to growth and investment across India in meeting with the country's prime minister, Narendra Modi, in New Delhi. Cook is on a visit to India this week and inaugurated the iPhone maker's first retail store in the country on Tuesd
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Apple opens first India store in market pushSome people have camped overnight outside the store ahead of the opening. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »