Manzana this “engaged” in growing and increasing its investments in India, stressed the executive director of the Cupertino giant, Tim Cook, this Wednesday during a meeting with the prime minister of the Asian country, Narendra Modi.
“Thank you Prime Minister Narendra Modi for the warm welcome, we share your vision of the positive impact technology can have on the future of India. From education and development to production and the environment, we are committed to growing and investing across the country.”Cook said on Twitter after meeting with the Indian president.
The CEO is in India for the inauguration yesterday at Mumbai of the first physical store of Manzana in the Asian country, a definitive step in the aspirations of the multinational to establish itself in what, according to the UN, will become the most populous nation in the world by the middle of this year.
“An absolute pleasure to meet you, Tim Cook! Delighted to exchange perspectives on various topics and highlight the technology-driven transformations taking place in India.”, Modi replied on the same social network.
Today’s meeting precedes the opening of a second physical location tomorrow in New Delhi, as a celebration of the more than 25 years that Manzana is present in the India.
Beyond the direct sale of its products, Apple is present in India with several projects such as a training center for developers of mobile applications for its iOS operating system, located in the southern city of Bangalore, or the assembly of its smartphones. in plants in the country, which generate almost 900,000 jobs.
Manzana It tripled its iPhone manufacturing in the last fiscal year, according to a report published by Bloomberg that cited sources familiar with the matter.
An upward trajectory that could see the company make one in four iPhones in India by 2025, according to a report by investment manager JP Morgan published late last year.
Although the high price of most of its products keeps it out of the top five most popular phone companies in the country, Manzana dominates the sectordeluxe” with a market share of 60% in 2022, according to the International Data Corporation (IDC).
Source: EFE
Source: Gestion
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