Apple's Tim Cook visits India with expansion plans

Apple chief executive Tim Cook began a week-long trip to India on Wednesday as the US technology giant looks to expand in one of the world's fastest-growing smartphone markets.

The Apple leader was likely to meet Indian Prime Minister Narendra Modi on Saturday after several days of business meetings in Mumbai, Bangalore, Hyderabad and New Delhi, the Times of India reported.

On Wednesday, the company announced a new initiative in Indian IT hub Bangalore to support the design and development of apps for the company's IOS operating system for mobile devices.

The initiative will feature an Apple team working alongside tens of thousands of Indian developers to improve the quality and performance of their apps, Apple India spokesman Anand Baskaran said.

Cook began his India trip with an early morning visit to one of Mumbai’s most popular religious shrines, the Siddhivinayak Temple, the Indian Express newspaper reported.

The Indian government is keen to know whether Apple has plans to set up new production facilities for the iPhone in India, which would boost the government’s Make in India campaign to encourage manufacturing.

The US technology giant is facing a global slowdown and is looking for new growth markets in India and China.

The company had also wanted to import and sell refurbished phones in India, but Indian officials rejected the plan.  

Apple’s manufacturing partner, Foxconn, is present in India and has looked at expanding its manufacturing capacities in the country.  

Cook was expected to give an outline of his company’s investment plans during his meeting with Modi, the Times of India reported.

India is the world's fastest-growing smartphone market and is expected to surpass the US to become the second-largest in 2017.

Last update: Tue, 28/06/2016 - 17:25
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