Apple Opens First India Store in Mumbai

Apple Opens First India Store in Mumbai

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Business

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Hard

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Apple has opened its first two stores in India, marking a significant step in its relationship with the country. CEO Tim Cook's visit included meetings with Prime Minister Modi and business leaders. India offers a critical opportunity for Apple to diversify its supply chain, currently dominated by China. Although India's market is smaller, it is growing rapidly. Local manufacturing will help reduce import taxes, making Apple products more affordable. The Indian government hopes Apple's presence will boost jobs and exports through manufacturing incentives.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a notable feature of Apple's new stores in India?

They include all standard Apple store features.

They have unique features not found in other Apple stores.

They are the largest Apple stores in the world.

They are shaped like a cube.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of Tim Cook's activities during his visit to India?

He inaugurated a new factory.

He launched a new iPhone model.

He attended a Bollywood film premiere.

He met with local business leaders.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is India considered a critical opportunity for Apple's supply chain?

India has lower labor costs than China.

India has a larger market than China.

India has more advanced technology than China.

India offers a chance to diversify Apple's supply chain.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does local manufacturing benefit Apple in India?

It allows Apple to avoid import taxes.

It increases the price of Apple products.

It limits Apple's market reach.

It reduces the quality of Apple products.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is India's hope for Apple's role in its economy?

To increase the number of Apple stores.

To boost jobs and exports through a manufacturing ecosystem.

To make India the largest market for Apple.

To reduce the cost of Apple products globally.