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Tim Cook 'Confirms' Apple Looking to Open Retail Stores in India

Tim Cook 'Confirms' Apple Looking to Open Retail Stores in India 1z1j3z

By Manish Singh | Updated: 5 February 2016 11:44 IST

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Apple is getting serious about India. The Tim Cook, company's chief executive was cited as saying. Cook also confirmed that Apple is in early stages to bring its official retail stores in India. 4152y

As slowing growth in its main markets, the Cupertino-based giant is reportedly focusing its attention to emerging regions such as India. In a town hall meeting at the company's campus, Tim Cook shared with employees the importance of India, reports 9to5Mac.

Tim Cook said that still in the nascent stage, as also seen in OpenSignal's recent global LTE report.

Cook also confirmed that Apple will be opening retail stores in India. Last month, it was found that the company had Mac, and other products through third-party resellers in the country.

Reports claim that Apple representatives have held talks with Indian governments officials about a relaxation of the 30 percent local-sourcing rule. It is also believed that Narendra Modi's visit to the United States, in which he met several top Silicon Valley executives including Cook, may have played an instrumental role in Apple's growing focus in the country.

Talking about other topics, Cook noted that both Apple Watch have been selling well. He said that Apple Watch was one of the hottest product last quarter, whereas the company has never sold as many Apple TV before. He also said that employees will be moving to the company's new Cupertino Apple Campus 2 by the end of January 2017.

Cook also talked about Android app, the company is testing the waters for expanding its services on other platforms. This would, the report adds, open up the door for more porting in the future.

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