India ▪ September 28

AAPL: 112.44

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Shortly after Tim Cook met with the Chinese President, Apple’s CEO has met with Indian Prime Minister Narendra Modi, as expected. The Times of India reports that the two of them discussed the possibility of bringing Apple Pay to the country, and Prime Minister Modi invited Apple to set up a manufacturing base in the country.

Cook was said to have “responded positively” to the idea, though nothing more specific was announced. We’ve known for some time that Foxconn has plans to build multiple factories in India, but neither company has confirmed that these would be manufacturing products for Apple. Foxconn carries out contract manufacturing for a number of high-profile brands.

Apple does, however, have one strong incentive to manufacture iPhones in India …  expand full story

India ▪ September 16

AAPL: 116.41

Stock Chart

The Economic Times reports that Apple CEO Tim Cook is to meet Indian Prime Minister Narendra Modi later this month.

An Apple spokesperson confirmed that a meeting between its CEO Cook and PM Modi will take place. The Apple spokesperson, however, declined to comment on the topic of discussion.

It’s likely that Cook will want to discuss the possibility of official Apple Stores in the country. India does not permit manufacturer-owned stores unless a certain proportion of components are sourced within the country, forcing Apple to rely on third-party resellers …  expand full story

India ▪ July 27

India ▪ June 15


Apple has added a fifth partner to its list of iPhone distributors in India as it continues its sales push in the country. Optiemus Group will now begin distributing iPhones with a focus on expanding to “neighborhood cellphone stores” in India. Apple is said to be targeting 2 million iPhone sales in the country during its fiscal year 2015… expand full story

India ▪ June 11


According to government officials, iPhone manufacturer Foxconn is planning to open operations including 10-12 factories and data centers by 2020 in India for the first time. Foxconn producing iPhones and iPads in India could result in lower prices on Apple’s hardware in the country where Apple’s hardware is sold at a price higher than many of its competitors.  expand full story

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