Apple CEO likely to Inaugurate Hyderabad facility On May 19
Tim Cook, who arrives in India tonight and is expected to meet Modi later this week, will also meet officials of key ministries, according to sources.
After China visit, Apple CEO Tim Cook is headed for India where he is expected to inaugurate the company’s development centre and meet Prime Minister Narendra Modi to discuss manufacturing plans in the country. Tim Cook, who arrives in India tonight and is expected to meet Modi later this week, will also meet officials of key ministries, according to sources.
He is likely to inaugurate here on Thursday the Apple’s development centre in which the company has already invested USD 100 million. Cook’s visit to India comes at a crucial time as the iPhone maker seeks to cash in on the “huge potential” in the world’s second largest smartphone market. Sources said Cook is expected to discuss matters pertaining to manufacturing in India and the potential of the Indian technology market with the officials.
Apple is focussing on new growth markets like India after posting its first-ever decline in iPhone sales. While its sales in China, its second-largest market after the US, fell 11 percent, in India iPhone sales were up 56 percent from a year ago. The US-based tech giant has also sent in a proposal to the Indian government for selling refurbished phones in India.
Read More – Apple Updates