‘Incredibly exciting market' for Apple: Tim Cook on how India emerged as most preferred market for tech giants

"We person been precise pleased that determination is simply a rapidly increasing basal of developers successful India. Apple is moving each of the full ecosystem from developer to the marketplace to operations, the full thing," ANI quoted a station from the Apple CEO and re-twitter by MoS Electronics and Technology, Rajeev Chandrasekhar. The study further added the state has go a apical precedence for planetary tech companies owed to its ample endowment pool, debased operating costs, and unchangeable situation for proviso chains.

Also Read | ‘Harshad Mehta-era is back’: RPG's Harsh Goenka warns retail investors of losses

Applauding Apple India's double-digit gross growth, Cook described India arsenic an "incredibly breathtaking market", emphasizing its value arsenic a large absorption country for the company.

Cook said that Apple achieved grounds revenues successful India for the 4th ending March 2024, contempt a 4% driblet successful wide gross and a 10% diminution successful iPhone income from the erstwhile year.

Also Read | ‘I conscionable got assaulted successful Delhi metro…’: 16-year-old recounts horror

"We did turn beardown by double-digit, and truthful we were very, precise pleased with that. It was a caller March 4th gross grounds for us. As you know, arsenic I've said before, I spot it arsenic an incredibly breathtaking market, and it's a large absorption for us," ANI quoted Cook arsenic saying astir Apple's show successful India. 

Emphasizing the strategical value of section accumulation for maintaining competitiveness, Cook said, "From a pragmatic constituent of view, you request to nutrient determination (India) to beryllium competitive, and so, yes, the 2 things are linked from that constituent of view, but we person some operational things going on, and we person to spell to marketplace and initiatives going on." 

Also Read | Kangana Ranaut takes purpose astatine Tejasvi Surya, mistakes him for Tejashwi Yadav successful viral speech: WATCH

It is important to enactment that successful this continuously evolving epoch of planetary geopolitical power, India has emerged arsenic a beacon for planetary tech corporations. The gross maturation rates for large tech giants similar Apple, Microsoft, and Meta successful India outpaced their planetary enlargement rates past year.

Apple supported implicit a cardinal developer jobs successful India successful 2023, with plans for further expansion.

Unlock a satellite of Benefits! From insightful newsletters to real-time banal tracking, breaking quality and a personalized newsfeed – it's each here, conscionable a click away! Login Now!

Published: 04 May 2024, 07:05 PM IST