Key Points
Apple CEO Tim Cook has expressed his enthusiasm for the Indian market, highlighting it as a major focus area for the company..
He highlighted the necessity of local production to maintain competitiveness, revealing Apple's goal to expand its operations in India...
During Apple's recent Q2 earnings call, CEO Tim Cook revealed developments regarding the tech company's presence in India..
In terms of the operational side or supply chain side, we are producing there, from a pragmatic point of view, we need to produce there to be competitive," Cook said.. Initiatives such as the opening of new stores and the expansion of distribution channels have recently been taken to tap into India's vast potential...
And so, we're working all of the entire ecosystem from developer to the market to operations, the whole thing," he said.. Luca Maestri, Apple's Senior Vice President and Chief Financial Officer, echoed Cook's words, highlighting about the strong momentum witnessed in emerging markets, including India..
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