Apple CEO Tim Cook to visit India this week, meet PM Modi
Advertisement
Advertisement
His visit comes at a crucial time as Apple seeks new growth markets such as India after posting its first-ever decline in
Cook, who is visiting China after announcing a $1 billion investment in Chinese ride-hailing app Didi Chuxing, will fly to India on Tuesday in his first official official visit to the country as the head of the US technology company, one of the sources said.
The sources declined to be named as the plan is not public yet.
Apple declined to provide details of Cook's schedule in India.
Advertisement
Apple is looking to set up its first retail outlet in India, where it only has about a 2 percent market share. But its sales there surged 56 percent in the first three months of this year, driven mainly by cheaper older-generation devices such as the
Image credit: Indiatimes
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Hyundai plans to scale up production capacity, introduce more EVs in India
- FSSAI in process of collecting pan-India samples of Nestle's Cerelac baby cereals: CEO
- Narcissistic top management leads to poor employee retention, shows research
- Audi to hike vehicle prices by up to 2% from June
- Kotak Mahindra Bank shares tank 13%; mcap erodes by ₹37,721 crore post RBI action