Tim Cook Meets India PM Modi, Commits to Growth and Investment
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Cook is in India this week and opened the iPhone manufacturer’s first retail store in India on Tuesday in Mumbai.
Tim Cook, Apple’s chief executive officer, met with India’s prime minister, Narendra Modi, in New Delhi on Wednesday and pledged development and investment throughout the country.
Cook is in India this week and opened the iPhone manufacturer’s first retail store in India on Tuesday in Mumbai. Thursday will also mark the opening of an Apple retail store in New Delhi.
“We share your vision of the positive impact that technology can have on India’s future,” Cook tweeted alongside a photo of him shaking hands with Modi.
In response, the Indian prime minister tweeted that it was an “absolute delight” to meet Cook.
“I’m excited to discuss a variety of topics and to highlight the technologically-driven changes occurring in India,” Modi said.
Cook’s visit to India highlights Apple’s developing ambitions in the country, where despite having only a 3 percent market share, the company has expanded iPhone assembly through contract manufacturers and also increased its exports.
The India Cellular and Electronics Association reports that between April 2022 and February of this year, approximately $9 billion (roughly Rs. 738 Crore) worth of smartphones was exported from India, with iPhones accounting for more than half of that amount.
The new Apple store in Mumbai, which opened to the public on Tuesday, is located in the prestigious Reliance Jio World Drive mall, which also houses luxury apparel and jewelry brands such as Michael Kors, Kate Spade, and Swarovski. It is significantly larger than the proposed Delhi location, according to local registration documents.