India Stories May 25

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In India, it’s required that any company wanting to set up a retail location must sell at least 30 percent locally sourced goods, but reports claimed that because of Apple’s “cutting-edge technology,” it would be able to circumvent this requirement. According to a report from Reuters today, however, that is not the case.

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The South China Morning Post reports that iPhone maker Foxconn has replaced more than half of its workforce with robots since the launch of the iPhone 6. The figures were provided by the local government in Kunshan, where the company is based.

“The Foxconn factory has reduced its employee strength from 110,000 to 50,000, thanks to the introduction of robots. It has tasted success in reduction of labour costs,” said the department’s head Xu Yulian … 

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India Stories May 21

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As part of his tour throughout India, Apple CEO Tim Cook met with Prime Minister Narendra Modi this past week to discuss the company’s plans in the country. This isn’t the first time the two have met, but this meeting comes as Foxconn is planning a manufacturing plant in India while Apple plans to open two new establishments, as well as three retail stores.

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India Stories May 20

AAPL: 95.22

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Apple CEO Tim Cook sat down for an extended interview with NDTV while in India this week and in it discusses the latest on Apple Pay negotiations, bringing Apple retail to India, and discussions with carriers and government officials while visiting the country.

While noting several large investments Apple is announcing in India, including the opening of a new development office that will create 4,000 jobs and a new accelerator program for app developers, Cook also confirmed talks with Indian banks for Apple Pay and much more: expand full story

India Stories May 19

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As CEO Tim Cook was meeting with Prime Minister Modi and partying with Bollywood stars, Apple’s VP of environment, policy and social initiatives Lisa Jackson was also in India. As reported by Yahoo India, the Apple executive was visiting “solar mamas” and a rural school where students were being taught via iPad lessons.

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