After his trip to China, Apple CEO Tim Cook to meet Narendra Modi, Prime minister of India later in the week. This is his first visit to India, since he became CEO of Apple in 2011.
It was not immediately clear whether Cook would discuss importing refurbished iPhones with officials in New Delhi. Unconfirmed reports say Cook would also visit Bengaluru, announce a new distribution strategy in India, and launch an accelerator for startups.
Meeting agenda is not yet clear. But we expect, Apple will focus on expanding Market in India. In last few days, Apple has seen many downfalls. Apple share went down after many years. China blocked the online services of Apple. Apple even lose the battle of iPhone trademark in China.
Tim Cook to meet Narendra Modi to discuss importing refurbished iPhones. India has already denied his request to sell refurbished phone in India. India was keen to know if Apple had plans to set up production facilities for the local market, which would be a boost for Modi’s “Make in India” manufacturing push.
“If they can make in China to cater to the Chinese market then they can make for Indian markets here.” Said the person.
Maharashtra is already in talks with Apple product maker Foxconn Technology over it setting up an iPhone plant there.
Apart from meeting Narendra Modi, probably on Tuesday, Cook will also meet employees and partners, the two people added.
Both declined to be named as the plan is not public. Apple declined to provide details of Cook’s schedule in India.
In India, Apple is looking to set up its first retail outlet, as it only has about a 2% market share. But its sales in India surged 56% in the first three months of this year, driven mainly by cheaper older-generation devices such as the iPhone 5S.
Apple sold more than 100 million smartphones in India, in 2015. This sale is expected to grow by 25% this year. This makes India, fastest growing smartphone markets in the world.