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Apple's Indian Odyssey: Diversifying Beyond China's Hold

By WOM

April 20, 2023

SUMMARY

  • Apple shifts focus to India, opening retail stores in Mumbai and Delhi
  • Analysts predict India could become Apple's production powerhouse in a decade
  • iPhone shipments from India soar, signaling bright future for Apple's expansion

Tim Cook is vibin' with India, and Apple is ready to ride the wave. As the company starts to look beyond China, it's making a splash in the South Asian scene.

Sure, Apple's bond with China won't break overnight. Experts say India could be the next big thing for Apple production, but it might take a cool decade for that to happen. Meanwhile, Apple is stoked about opening its second retail store in Delhi, right after its grand debut in Mumbai.

China still has a tight grip on Apple, thanks to its supply chain partners and killer infrastructure. Nitin Soni from Fitch Ratings says Apple's got a long way to go before it can ditch China completely.

On the flip side, Apple's got its sights set on India's booming smartphone market. There's plenty of room for growth in both manufacturing and retail sales, so it's full steam ahead for the tech giant.

Apple's crushing it with iPhone shipments from India, and the population growth and opportunities are just too good to pass up. So, buckle up, because Apple's Indian adventure has only just begun.

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