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Apple announces four new stores in Pune, Bengaluru, Delhi-NCR, and Mumbai, building on its 2023 launches in Mumbai and Delhi. Senior VP (Retail) Deirdre O’Brien says expansion is exciting for India as Apple ramps up manufacturing, boosting economy.

Apple Expands Further in India with 4 New Retail Stores Coming Soon!

Apple announces four new stores in Pune, Bengaluru, Delhi-NCR, and Mumbai, building on its 2023 launches in Mumbai and Delhi. Senior VP (Retail) Deirdre O&rsquo;Brien says the expansion is exciting for India as Apple ramps up manufacturing, boosting the economy.

Tech giant Apple has officially announced its plans to open four new retail stores in India, marking a significant expansion in the country. Following the success of its first two stores in Mumbai&rsquo;s Bandra Kurla Complex (BKC) and Delhi&rsquo;s Saket, Apple is set to launch stores in Pune, Bengaluru, Delhi-NCR, and Mumbai by next year. This move is part of Apple&rsquo;s broader strategy to strengthen its retail presence and capitalize on India&rsquo;s growing consumer base.
Apple&rsquo;s Senior Vice President of Retail, Deirdre O&rsquo;Brien, expressed her excitement about the expansion, stating, &ldquo;We&rsquo;re thrilled to build our teams as we plan to open more stores in India.&rdquo; This statement reflects Apple&rsquo;s commitment to enhancing the customer experience in India, while also creating job opportunities for local talent.
The company&rsquo;s plans come at a time when India is rapidly emerging as a key market for global technology firms. In addition to its retail push, Apple has been increasingly focusing on manufacturing in India. This includes assembling iPhones and other products locally, a move that has not only helped Apple reduce its dependence on China but has also boosted the Indian economy by generating employment and enhancing the country&rsquo;s manufacturing capabilities.
These new stores will serve as both retail hubs and experience centers, where customers can explore the latest Apple products and innovations, receive support, and engage in community events. With Apple&rsquo;s growing popularity in India, these stores are expected to attract significant footfall, especially in cities like Bengaluru and Pune, where the tech-savvy population is always eager to get their hands on the latest gadgets.
This expansion also signals Apple&rsquo;s confidence in India&rsquo;s potential as a growth market. By opening more stores and ramping up production locally, Apple is positioning itself to play a larger role in India&rsquo;s economic landscape, further contributing to the country&rsquo;s &lsquo;Make in India&rsquo; initiative.
As Apple continues to invest in India, the company is poised to make an even bigger impact on the country&rsquo;s technology and retail sectors in the coming years.

Apple enters into the banking industry with the launch of its savings account, 'Apple Savings', an account to be directly opened through any Apple device

Apple-Goldman Sachs launch savings account in the U.S offering 4.15% 

Apple launches Its savings account in the U.S, offering a competitive 4.15% interest rate

Apple launches Its savings account, offering a competitive 4.15% interest rate

Apple launches its long awaited savings account with Goldman Sachs in the U.S. 'Apple Savings' will offer a 4.15% interest rate, which is ten times the national average.&nbsp;

Apple has introduced its own savings account with Goldman Sachs in the U.S, which will offer a 4.15% on an annual basis. This is more than 10 times the national average, said the company in a statement.&nbsp;
<ol>
<li>Users will be able to open an account directly through their Apple devices, such as iPhones, iPads, or MacBooks, using the Apple Wallet app.&nbsp;</li>
<li>Moreover, Apple Savings will also integrate with other Apple services, such as Apple Pay and Apple Cash, allowing users to easily manage their finances and make transactions within the Apple ecosystem.&nbsp;</li>
<li>In addition to the competitive interest rate and convenient user experience, Apple Savings will have no monthly fees requirement and no minimum balance requirements.&nbsp;</li>
<li>The maximum balance for the account is $250,000</li>
</ol>
&ldquo;Our goal is to build tools that help users lead healthier financial lives,&rdquo; Jennifer Bailey, vice president of Apple Pay and Apple Wallet, said in the statement.
As per a Bloomberg report, the move thrusts the tech company&rsquo;s clout into a broader fight for depositors, potentially adding to the pressure on other financial firms that are trying to protect their funding. Small and midsize banks, in particular, have been facing withdrawals this year, as savers chase higher returns elsewhere or move their money to safe havens, such as JPMorgan Chase &amp; Co., in the wake of Silicon Valley Bank&rsquo;s collapse last month.
&nbsp;

Tim Cook believes that India is "hugely exciting market” where the technology giant is putting a “significant amount of energy” through investments as India is providing more friendly local manufacturing policies. Apple opens 2 retail stores in Mumbai & Delhi

Apple eyes India's growing smartphone market; opens 2 flagship stores in Mumbai & Delhi

Tim Cook believes that India is "hugely exciting market&rdquo; where the technology giant is putting a &ldquo;significant amount of energy&rdquo; through investments as India is providing more friendly local manufacturing policies. Apple opens 2 retail stores in Mumbai &amp; Delhi

Celebrating 25 years in India, Apple opens 2 flagship stores in Mumbai and Delhi. This comes amid a decisive move by the iPhone maker to rely less on China. Since last year, Apple has been seeking to diversify away from China, where much of their manufacturing has been based, after strict Covid policies last year and ongoing tensions with the United States which continue to escalate. This move also clearly underscores how China is at risk of losing its status as the world&rsquo;s largest producer of consumer electronics.
This also comes as a big achievement for the Modi government and a big boost to it&rsquo;s &lsquo;Make in India&rsquo; strategy. The Modi govt has been actively trying to close India&rsquo;s tech gap with China and amid the West's souring relationship with Beijing, India has been looking to position itself as a parallel manufacturing hub.&nbsp;
The US-based smartphone maker is set to see its production in India rise rapidly as Apple&rsquo;s three major manufacturers, Foxconn, Pegatron and Wistron are looking to actively scale up iPhone manufacturing in India. And with the two new flagship stores opening, it could take the total iPhones made in India to 20% of the global output, up 4X from 5% currently, according to industry executives cited in an Economic Times report.
India has approved a $967.91 million investment by Foxconn to build its plant in Karnataka. The Taiwanese company is planning to build the plant close to Bengaluru airport on a 300-acre site. This investment by Foxconn is one of the biggest single outlays in India so far.&nbsp;
Foxconn is also likely to spend $200 million in setting up factory for the manufacture of AirPods. This plant will be set up in Telangana. Air Pods are currently made by a range of Chinese suppliers.&nbsp;
Foxconn, also known by its official name Hon Hai Precision Industry, is the world's biggest contract electronics manufacturer and assembles gadgets for many international brands including Apple.
Both these projects are among Foxconn&rsquo;s biggest outlays to date in India. Together, these projects have the potential to create 1 lakh jobs each in both states. With Foxconn entering India in a big way, this will also pave the way for more ancillary industries to set up shop in India as well.
Meanwhile, Tata Group is set to complete the takeover of Wistron's iPhone plant in Bengaluru by the end of April. This will be India's first homegrown production line for Apple products. This also gives India more leverage to protect the economy and its domestic players while allowing a multinational company to enter the nation.
The Yamuna Expressway Industrial Development Authority (YEIDA) said in December in 2022 that some Apple suppliers have applied for land with a proposed investment of Rs 2,800 crore. As per YEIDA CEO Arun Vir Singh, the companies have already deposited 10% of the proposed allocation for land in Sector 29 near the upcoming Jewar airport in Greater Noida. As per Business Standard, the Apple suppliers, along with a known camera parts maker, proposed to set up a unit on about 23 acres of land with a proposed investment of ₹ 2,800 crore.&nbsp;
Tim Cook believes that India is "hugely exciting market&rdquo; where the technology giant is putting a &ldquo;significant amount of energy&rdquo; through investments as India is providing more friendly local manufacturing policies.
India is the world's second-biggest smartphone market. However, smartphone penetration is lower in India compared to the U.S. and China. While India's smartphone penetration is roughly around 45%, U.S' and China's stay at 73% and 63% respectively. This means Apple will find more business in India compared to U.S and China. In fact, as per reports, India's premium smartphone market last year was dominated by Apple products. That is, one in every 20 smartphones purchased in India the previous year was an iPhone.
As per a Bloomberg report, Apple has assembled more than $7 billion iPhones in India last fiscal year. In fact, 7% of all its iPhones are made in India currently. This is a big jump from Apple producing just 1% of the world&rsquo;s iPhones back in 2021. Reports also suggest, that this share could go up to a whopping 50% by 2027.
On the exports front, As per reports, Apple exported over $5 billion of iPhones in the year ended March 2023, nearly four time higher than the previous year. Apple iPhone is reportedly the first brand that surpassed $5 billion in exports from India.&nbsp;
India is also open to Apple's Chinese vendors setting up local joint ventures. This lets Apple to speed up capacity building and local value addition. Apart from this Apple is receiving incentives to build a local vendor ecosystem.

Apple's entry into India's retail market with two stunning stores in Mumbai and Delhi promises an unrivalled brand experience. From expert advice to better after-sales support, Apple Stores are the ultimate destination for all things Apple.

How the launch of Apple's first store in India is set to change the retail game

Apple's entry into India's retail market with two stunning stores in Mumbai and Delhi promises an unrivalled brand experience. From expert advice to better after-sales support, Apple Stores are the ultimate destination for all things Apple.

Apple's entry into the India's retail market is a significant development for Indian shoppers.With the opening of two retail stores in Mumbai and Delhi, Apple is set to offer a brand experience like no other.
THE APPLE PROMISE
Unlike authorized resellers, Apple Stores are operated directly by Apple, ensuring a superb customer experience that immerses customers in the brand, showcases products and design philosophy, and encourages product interaction.
EXPERT ADVICE
One key advantage of buying from official Apple stores is the expert advice provided by Apple Store staff. They can help customers find the right product for their needs, answer technical questions, and provide advice on how to use the products.
BETTER AFTER-SALES
Additionally, Apple Stores' Genius Bar offers technical support, after-sales service, and repairs for Apple products, providing better after-sales support compared to resellers.These reasons make Apple Stores the preferred choice for consumers looking to purchase iPhones, iPads, or MacBooks over other resellers or organized retail chains. So, if you're excited about Apple Stores coming to India, let us know in the comments section and follow our page for more tech content.

Apple's CEO Tim Cook may visit India this month to the opening of the first Apple Store in BKC, Mumbai

Tim Cook to open first Apple Store in India and hold talks with Prime Minister

Apple's CEO Tim Cook may visit India this month to the opening of the first Apple Store in BKC, Mumbai

According to a report by Economic Times, Apple's CEO Tim Cook will visit India this month to the opening of the first Apple Store in BKC, Mumbai and hold talks with ministers on industrial growth and exports. Cook may also meet with Prime Minister Narendra Modi. Apple's Mumbai store will open at the Jio World Drive Mall with a facade inspired by the city's 'kaali-peeli' cabs and a second location in New Delhi is planned for the coming quarters.
&nbsp;

Prior to the upcoming opening of Apple BKC, the American technology giant revealed the exterior of its first retail store at Jio World Drive Mall in Mumbai

The first Apple retail store in India will open shortly in Mumbai

Prior to the upcoming opening of Apple BKC, the American technology giant revealed the exterior of its first retail store at Jio World Drive Mall in Mumbai

Ahead of the opening of its first retail store in India, Apple unveiled the exterior of the Mumbai store on Wednesday.
The store's name, 'Apple BKC' comes from its location in the Jio World Drive Mall at Bandra Kurla Complex, popularly known as BKC.&nbsp;
"Inspired by the iconic Kaali Peeli taxi art unique to Mumbai, the Apple BKC creative includes colourful interpretations of the decals combined with many Apple products and services that will be available for our customers to discover. The creative for the store features a bright welcome to people passing by with the classic Apple greeting "Hello Mumbai". To celebrate the opening of the new store, visitors can download the new Apple BKC wallpaper and move to the sounds of Mumbai with a specially curated playlist on Apple Music," said Apple in a statement.
Apple is also building its second retail store, which is scheduled to open in the coming days in Delhi.
Despite a decline in the overall market, the smartphone company of the iPhone manufacturer has increased in India. With a 60% market share in the premium segment, Apple kept its lead, with the iPhone 13 ranking third in terms of shipments in 2022, as reported by Business Standard.&nbsp;

Reports indicate that Apple may announce the third generation of its AirPods earbuds on May 18, along with the rumoured HiFi music tier for Apple Music. 

Reports: Apple may unveil AirPods 3, Apple Music HiFi tier on May 18

Reports indicate that Apple may announce the third generation of its AirPods earbuds on May 18, along with the rumoured HiFi music tier for Apple Music.

Reports indicate that Apple may announce the third generation of its AirPods earbuds on May 18, along with the rumoured HiFi music tier for Apple Music. The firm will reportedly not host a virtual event for the launch of these products, and will instead reveal them in a press release. Reports suggest Apple Music's HiFi tier will come with support for Dolby Atmos, Dolby Audio and 'lossless' audio.

Reports indicate that two manufacturing facilities for iPhones in India have been hit with Covid-19 cases.

Reports: iPhone-making facilities in India hit with Covid-19 cases

Reports indicate that two manufacturing facilities for iPhones in India have been hit with Covid-19 cases. Factories belonging to Apple suppliers Wistron and Foxconn have had employees test positive, causing the facilities to temporarily shut down for sanitisation. Reports say affected workers have been quarantined, and are receiving medical attention.

Apple's newly launched AirTag tracker is now available to purchase in India.

Apple AirTag tracker now available to buy in India, costs ₹3,190

Apple's newly launched AirTag tracker is now available to purchase in India. The Bluetooth-enabled tracking device that can help locate personal belongings using the firm's 'Find My' feature. AirTag also uses Ultra Wideband technology that lets compatible iPhones track them down to pin-point accuracy. With an IP67 rating and a user-replaceable battery, the AirTag costs ₹3,190 for a single unit, or ₹10,900 for a pack of 4.

Apple's Spring Loaded April 2021 event saw the launch of new iPad Pro models with M1 chip, and a new iMac with the M1 chip. Apple also launched the new AirTag accessory.

Apple Spring-Loaded April 2021 Event: new iPad Pro with M1, new iMac with M1, AirTag, and more

Apple launched several new products at its Spring Loaded April 2021 event. Apple launched new iPad Pro models with M1 chip, and also launched a new iMac with the M1 chip. Apple also launched the new AirTag, that helps locate personal belongings using Apple's Find My feature.

Apple has launched several new products at its 20th April &lsquo;Spring Loaded&rsquo; event. Apple has launched new iPad Pro models, with the powerful new in-house M1 chip. While the 11-inch model features the same Liquid Retina ProMotion display as the previous model, the new 12.9-inch iPad Pro gets a Liquid Retina XDR display that uses mini-LED technology. The new iPad Pros also get 5G connectivity with the cellular models, and pricing starts at ₹71,900 for the 11-inch model. The new iPad Pros can be ordered in India from 30th April, with availability from the second half of May.
Apple has also launched a new redesigned iMac, that comes with a flat aluminium frame and glass front. It sports a 24-inch 4.5K Retina display and runs on the latest M1 chip, with support for up to 16GB unified memory and up to 2TB of SSD storage. There's a new 1080p FaceTime HD camera with an M1 image signal processor on the front along with a six-speaker system with spatial audio and Dolby Atmos. The new 24-inch iMac starts from ₹1,19,000, and can be ordered from 30th April, with availability from the second half of May.
Apple also unveiled a new colour finish for the iPhone 12 and 12 mini--Purple. Both phones can be pre-ordered in the new colour from April 23, starting at ₹69,900 for the iPhone 12 mini.
Along with all the new products, Apple has also launched AirTag, that can help locate your personal belongings using Apple's 'Find My' feature. AirTag uses Ultra Wideband technology that can let compatible iPhones navigate to them, using a built-in speaker. The AirTag costs ₹3,190 for a single unit, and ₹10,900 for a pack of 4. AirTag can be ordered in India from 5:30PM IST on April 23.

Reports say that Apple is set to bolster iPhone production in India, in order to reduce its reliance on Chinese manufacturing units.

Apple to boost Indian iPhone production, reduce reliance on China

Reports say that Apple is set to bolster iPhone production in India, in order to reduce its reliance on Chinese manufacturing units. The tech giant is reportedly going to begin producing the iPhone 12 series locally, and increase the capacity of iPhone and iPad production in Vietnam. It's worth noting that key Apple suppliers Foxconn and Pegatron have applied for a $6.64 billion scheme under the Indian government's product-linked incentive plan.

Apple is offering ₹5,000 in cashback to shoppers who place orders for or above ₹44,900 through the company's online store for India.

Apple offering ₹5,000 cashback on orders worth ₹44,900 or more

Apple is offering ₹5,000 in cashback to shoppers who place orders for or above ₹44,900 through the company's online store for India. The limited time offer starts on January 21, and ends on January 28, and can be availed only on HDFC Bank credit card and HDFC credit card EMIs only. Moreover, the offer can be applied only on a single order of ₹44,900, and not on clubbed orders amounting to the requisite amount.

Apple to offer free Airpods with iPhone 11

Apple India has announced that it will be offering free Airpods upon purchasing iPhone 11 from its store from Oct 17, as part of the Diwali offer.
Meanwhile, Amazon will be offering the iPhone 11 at a discounted price of under ₹50,000 during the Great Indian Festival sale.
Notably, the base variant of the iPhone 11 costs ₹68,300 on the Apple store, while the Airpods is listed at ₹14,990.

Apple to offer free Airpods with iPhone 11 from Oct 17
Amazon to sell iPhone 11 under ₹50,000 during sale
iPhone 11 priced at ₹68,300, Airpods at ₹14,990 on Apple store

Apple India has announced that it will be offering free Airpods upon purchasing iPhone 11 from its store from Oct 17, as part of the Diwali offer.
Meanwhile, Amazon will be offering the iPhone 11 at a discounted price of under ₹50,000 during the Great Indian Festival sale.
Notably, the base variant of the iPhone 11 costs ₹68,300 on the Apple store, while the Airpods is listed at ₹14,990.

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