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.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant step does Tim Cook's visit to India represent for Apple?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Apple face in the Indian market compared to China?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the annual sales figure for Apple in India compared to the previous year?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does local manufacturing benefit Apple in India?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations of India from Apple's presence in the country?

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