Why Apple, Tim Cook are obsessed with growing their business in India

,"There are a lot of people coming into the middle class, and I really feel that India is at a tipping point.", and"premium" smartphones now represent 11% of all sales, topping double digits for the first time.Apple is also ramping up its manufacturing in India as they look to be less reliant on China.

Apple already dominates the US and much of the rest of the world, but it is still a minor player in India. However, if India's economy can stay the course, Apple is in a prime position to plant a flag in the world's biggest country. Subscribe to push notifications

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Foxconn buys equipment from Apple as it aims to expand business in IndiaReport shows that Foxconn has bought $33 million worth of equipment from an Apple unit for its operations in India over the past year.
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