Apple is set to open its first retail store in Mumbai as it bets big on India | CNN Business

The company teased the opening of its retail outlet in a brief statement Wednesday, saying it was preparing to greet customers in the financial and commercial hub of Mumbai. Its previous plan to open a store in the country in 2021 was derailed by the coronavirus pandemic. The company released a photograph of its new boarded-up storefront, located at Jio World Drive Mall, a property owned by Reliance Industries, the conglomerate of Indian tycoon Mukesh Ambani. “Hello Mumbai,” the statement said.

But in recent months, it has expanded production after suffering severe supply chain snags in mainland China, which accounts for the bulk of its smartphone manufacturing. Two of Apple’s top contract manufacturers, Foxconn and Wistron, were the fastest-growing manufacturers in India during the last quarter of 2022, according to Counterpoint. Last month, Foxconn CEO Young Liu spent a week in the country and met Prime Minister Narendra Modi.

Awesome. Go manufacturing in India. Ditch unstable China.

Meanwhile, India makes a deal to kill the US dollar…

From a not american: India is going to be another China, they are more in Russia side, so they are going to become a monster and turn against USA .

It’ll be ransacked within a week.

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Apple to open first company-owned retail store in IndiaApple Inc is set to open its first official retail store in India's financial hub of Mumbai, the iPhone maker said on Wednesday. They wipe with their hands... don't touch their phones Indian people are to cheap for iPhones. They buy their cell phones at the gas station. I hope Kochi gets a store.
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