Apple Retail Stores and iPhone 16 Pro Production Surge in India

Thursday, 3 October 2024, 20:11

Apple is expanding its retail presence with four new stores in India while also commencing iPhone 16 Pro manufacturing. This growth underscores Apple's commitment to the Indian market. The expansion is part of Apple's strategy to diversify its supply chain and enhance local production capabilities, signaling a robust future for Apple retail stores and the Indian smartphone market.
Moneycontrol
Apple Retail Stores and iPhone 16 Pro Production Surge in India

Apple's Retail Expansion in India

Apple is set to open four additional retail stores in India, focusing primarily on Bengaluru, Pune, and Delhi-NCR. This strategic move is fueled by the company's successful entries in Delhi and Mumbai, where they aim to deepen connections with customers.

Manufacturing iPhone 16 Pro and Pro Max

Alongside the retail expansion, Apple has confirmed the production of the iPhone 16 Pro and iPhone 16 Pro Max in India through manufacturing partners Foxconn and Pegatron. This decision emphasizes India's significance in Apple's global manufacturing strategy.

  • Apple retail stores are important for enhancing customer experience and expanding market reach.
  • Foxconn and Pegatron are key players in Apple's manufacturing strategy in India.
  • Apple aims to diversify its supply chain significantly.

Impact on the Indian Market

The announcement reflects Apple's intent to cater to a booming market for their products. Analysts estimate significant growth for Apple in India, projecting a shipment of 12 to 12.5 million iPhones in 2024.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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