Apple to open more retail stores in India

The company found that its business in the country doubled in Q1 FY2020.

Apple is planning to open more retail stores in India in a bid to expand its market share in the country, the company announced in its Q1 FY 2021 earnings call.

“India is one of those [markets] where our share is quite low. It did improve from the year-ago quarter when our business roughly doubled over that period of time, and so we feel very good about the trajectory,” Apple’s CEO Tim Cook said.

To help expand its market share in India, Apple rolled out an online store in 2020. “Last quarter was the first full quarter of the online store, and that has gotten a great reaction to it and has helped us achieve the results that we got to last quarter,” Cook added.

Also Read

Filipino shoppers still prefer bricks over clicks

Hermès revamps Takashimaya flagship store in Singapore

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Technology offers solution to India’s food waste crisis in restaurants

It can also help improve efficiency and support sustainable practices in the industry.

Technology

2 days ago

India’s e-commerce market to reach $147.3b in 2024

It will be driven by the expanding internet penetration and better digital payment infrastructure.

E-commerce

2 days ago

Food colors market to reach $5.42b by 2031

Still, the market growth is constrained by strict regulations.

3 days ago

Thailand foodservice industry moves to cage-free eggs amidst ethical demand

It is driven by consumers’ expectations for humane treatment of animals.

3 days ago

Exclusives

Brands told to come clean about beauty care

Consumers are more discerning and can easily spot fake ingredient claims.

3 days ago

Swarovski cracks TikTok to scale luxury amongst Gen Zs

The Austrian glassmaker is working with influencers to connect with the Singaporean market.

6 days ago

Starbucks Korea opens high-tech store in Seoul

Its first reserve-only branch features AR art installations and a Mixology Bar.

Decathlon gets closer to hybrid Singaporean shoppers through pick-up service

The world’s largest sporting goods retailer lets clients pick up online orders on the go.Decathlon is building on the success of its pick-up service in Singapore as it progresses toward its target of having 37 locations in the city-state in the next two years, its top official said.

Stores