Apple's Tim Cook to meet with Indian PM Narendra Modi this week

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After this week's short stop in China, Apple CEO Tim Cook is reportedly due to visit India later in the week, the highlight being a meeting with Prime Minister Narendra Modi.

From an earlier encounter between Cook and Modi.
From an earlier encounter between Cook and Modi.


The exact agenda for the meeting is unclear, but the trip will signal Cook's first time in India as the head of Apple, one source noted to Reuters on Monday. A second source indicated that the India was eager to learn if Apple had plans for local production facilities, in keeping with Modi's "Make in India" initiative to boost the country's manufacturing sector.

Both sources suggested that Cook could arrive in India as soon as tomorrow, and apart from Modi spend time talking to Apple's local partners and workforce.

Cook has a number of potential issues to address with Modi, among them plans for India's first Apple Stores and the rejection of used iPhone imports. Manufacturing might actually be one of the less contentious matters, since Apple's primary assembly partner -- Foxconn -- is said to be working on a plant in Maharashtra dedicated exclusively to Apple products. The facility could cost a massive $10 billion.

The iPhone has fared much weaker in India than in places like Europe or China, taking only a 2 percent marketshare. The main obstacle is believed to be price, since most phones in the country cost under $150, whereas even the iPhone SE is about $587 -- well out of reach for most Indians.

Local iPhone sales did surge 56 percent year-over-year recently, but Apple India has largely depended on older models to stay competitive. As recently as this year, the iPhone 4S was still available to buy.
reshma-krishnan

Comments

  • Reply 1 of 5
    suddenly newtonsuddenly newton Posts: 13,761member
    I can see it now: "Foxconn West"
  • Reply 2 of 5
    calicali Posts: 3,495member
    Interesting how older models sell well in India.

    I guess Apple could use the country to dump all its old iPhone stock into.
  • Reply 3 of 5
    schlackschlack Posts: 696member
    should negotiate some ratio - for each NEW iPhone we manufacture in India - we are allowed to bring in X number of pre-owned iPhones for sale locally.
    jony0
  • Reply 4 of 5
    Cobra101Cobra101 Posts: 22member
    SteveJobs used to spend most of his time in the labs.

    And the product line bore that out.
  • Reply 5 of 5
    After this week's short stop in China, Apple CEO Tim Cook is reportedly due to visit India later in the week, the highlight being a meeting with Prime Minister Narendra Modi.

    Cook has a number of potential issues to address with Modi, among them plans for India's first Apple Stores and the rejection of used iPhone imports. Manufacturing might actually be one of the less contentious matters, since Apple's primary assembly partner -- Foxconn -- is said to be working on a plant in Maharashtra dedicated exclusively to Apple products. The facility could cost a massive $10 billion.

    The iPhone has fared much weaker in India than in places like Europe or China, taking only a 2 percent marketshare. The main obstacle is believed to be price, since most phones in the country cost under $150, whereas even the iPhone SE is about $587 -- well out of reach for most Indians.

    Local iPhone sales did surge 56 percent year-over-year recently, but Apple India has largely depended on older models to stay competitive. As recently as this year, the iPhone 4S was still available to buy.
    Let's hope Apple has another Billion to invest ; )
    edited May 2016
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