Apple BKC Store Opens: Key Highlights From The Event Inaugurated By CEO Tim Cook
- Author: BQ Desk
- Business
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Apr 18, 2023 14:22 pm IST
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Published On Apr 18, 2023 14:22 pm IST
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Last Updated On Apr 18, 2023 14:22 pm IST
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#AppleBKC is now open!
— BQ Prime (@bqprime) April 18, 2023
The doors were opened by CEO @tim_cook.
Stay tuned as we bring you the latest news and updates: https://t.co/PdqXo6ONYj pic.twitter.com/9J0m5B7GCL
Thanks @madhuridixit for introducing me to my very first Vada Pav — it was delicious! https://t.co/Th40jqAEGa
— Tim Cook (@tim_cook) April 17, 2023
India has become China-plus one market for Apple to produce iPhones. The U.S. company now makes almost 7% of its iPhones in India through partners including Foxconn Technology Group to Pegatron Corp., according to a Bloomberg report. This compares with 1% in 2021. Apple is using its learnings in China to scale up its operations in India.
The company has assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone market.
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