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Why Apple is betting big on India

Posted on AllSides April 22nd, 2024
From The Center
ANALYSIS

“There are a lot of people coming into the middle class, and I really feel that India is at a tipping point, and it’s great to be there,” Apple CEO Tim Cook said in May last year.

His comments underscore one reason Apple has recently made an aggressive play to expand operations in India: the country has a huge population, with a growing middle class willing to splash out more on high-end phones.

But it’s not just about sales for Apple. The tech giant has also boosted its manufacturing footprint in India, via Foxconn,...

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https://www.cnbc.com/2024/04/22/why-apple-is-betting-big-on-india.html

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