Apple will open its first company-run retail store in Mumbai, in the resumption of its 2021 plans for the launch of an offline retail store in India that was delayed due to the Covid-19 pandemic
The Cupertino, California-based company launched an online retail store in India in 2020.
With around 700 million smartphone users, India is the second-largest smartphone market in the world.
Foxconn and Wistron Corp., two Taiwanese contract electronics manufacturers, construct some items from Apple's catalog, including iPhones, in India.
According to the India Cellular and Electronics Association, about $9 billion worth of cell phones were exported from India between April 2022 and February of this year, with iPhones making up more than half of that total.
Apple also plans to assemble iPads and AirPods in India.


Goldman Sachs Eyes Investors for Nvidia’s $500 Billion AI Financing Plan
Micron Stock Upgraded to Buy as New Street Sees $2 Trillion Valuation Potential
US Dollar Holds Firm as Fed Outlook and Iran Tensions Keep Markets on Edge
China Automakers Accelerate Global Expansion as Domestic Car Sales Slump
Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants
LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories
Google Pushes Gemini AI Overhaul as Sergey Brin Targets Model Supremacy
Wall Street Hits Record High as Softer Inflation Data Eases Fed Rate Hike Fears
Gold Prices Slip From 10-Week High as Fed and Hormuz Risks Shape Outlook
OpenAI Restricts Astra AI Over Cyberattack Risks
SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges
AI is driving down the price of knowledge – universities have to rethink what they offer
SpaceX Shares Surge as Wall Street Backs AI Growth Potential
Oil Prices Slide as OPEC, IEA Cut 2026 Demand Forecasts
Antofagasta Shares Drop 5% as Miner Cuts 2026 Copper Production Forecast
European Stocks Steady as U.S.-Iran War, Euro Zone Data Keep Investors Cautious
Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised 



