Apple commits to investing across India as Tim Cook opens second store | CNN Business

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Apple CEO Tim Cook met with Indian Prime Minister Narendra Modi on Wednesday, pledging to invest further in the fast-growing economy as his company ramps up retail and manufacturing activities

The visit underscores how the world’s most valuable company is continuing to pivot to India, eyeing its potential as both a consumer market and production hub. India is set to surpass China as the world’s most populous nation by the middle of this year, according to data released by the United Nations. “From education and developers to manufacturing and the environment, we’re committed to growing and investing across the country,” Cook wrote on Twitter following the meeting.

“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,” he told Reuters. Apple declined to comment, while India’s IT ministry did not immediately respond to a request for details. Apple’s expansion in India coincides with its 25th year of operating in the country.

 

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Modi is a visionary leader. 👍👍

More cheap labour for Tim.

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Apple CEO meets India PM Modi, commits to growth and investmentApple 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. 👀 Does this mean he going to quit using Chinese slaves?
Source: Reuters - 🏆 2. / 97 Read more »