Apple launched its first facility in India on Tuesday, highlighting the importance of the Indian market for the company’s long-term strategy.
The first location is known as Apple BKC (Bandra Kurla Complex), and it can be found in Mumbai, which is known as the financial hub of India. On Thursday, Apple is going to inaugurate another shop in the Delhi area.
The tech giant has been operating in India for more than 25 years at this point.
Tim Cook, CEO of Apple, said that the company is delighted to expand on its long-standing legacy in India because “India has such a beautiful culture and an incredible energy.”
Analysts argue that Apple’s plan to increase sales and manufacture of the iPhone in India is somewhat similar to what the company did when it first entered China. Apple’s goal is to raise sales and manufacturing of the iPhone in India.
Apple’s shop in Mumbai is said to be “one of the most energy-efficient” sites in the world, according to the company. It is completely independent of the use of fossil fuels and has its own solar power generation system that is completely self-sufficient. According to Apple, Apple BKC operates on completely renewable energy.
Cook considers India to be an important market, and in February of this year, he said that he had a “bullish” outlook on the world’s fifth-largest economy. Additionally, the firm is focusing a substantial portion of its efforts on the Indian market. Cook made the trip to India for the inauguration of the shop, marking the seventh year after his first visit to the country in his role as CEO of Apple.
