(Commonwealth) _ Apple Inc., the world’s largest technology company, has opened its first retail store in India, marking a significant milestone in the company’s push to expand its presence in one of the world’s fastest-growing smartphone markets. The store, located in Mumbai, is Apple’s first physical retail location in the country and is expected to help boost the company’s sales in the region.
The opening of the store is a significant development for Apple, which has been trying to expand its presence in India for years. The country’s large population and growing middle class have made it an attractive market for the tech giant, but the company has faced a number of hurdles in the country, including high import duties and regulatory restrictions.
However, in recent years, Apple has made a concerted effort to increase its foothold in the Indian market. In 2021, the company announced that it would begin manufacturing some of its products in India, including the iPhone SE, as part of a broader effort to reduce its dependence on China.
