Wednesday, April 21, 2021
Home India Apple confirms Tim Cook, Modi meeting

Apple confirms Tim Cook, Modi meeting

Tim_Cook_2009_croppedBy NewsGram Staff Writer

Apple CEO Tim Cook is due to meet with Indian prime minister Narendra Modi later this month during the latter’s tour of the US west coast, an Apple spokesperson confirmed on Wednesday, according to this AppleInsider report.

According to India’s Economic Times, the spokesperson declined to say what the topic of discussion would be. Three sources for the newspaper indicated that the prime minister’s Office is yet to set an agenda after discussion with Apple.

It is believed that Apple is interested to invest in building manufacturing capacities in India, which could prove to be a huge boost for Modi’s initiatives such as ‘Make in India’ and ‘Digital India’. While India’s manufacturing sector has a long way to go, for Modi’s US visit, the main focus is on the entrepreneurship and digital innovation sectors, which are taking India to new heights.

Apple is dependent entirely on third-party resellers in the region and doesn’t even have a local online store. The company is working towards a brisk expansion of its reseller network, with special emphasis on improving iPhone sales, according to the AppleInsider report. Although iPhone numbers rose 93 percent in India during the June quarter, Apple has had difficulty making headway against Android-based phone makers. This is partly because phones are often sold in small independent shops that don’t fit with the company’s normal chain-oriented retail strategy.

Apple differentiates between refurbished and second-hand products in this Times of India article, saying that Apple products have a much longer life than Samsung or other similar products, if properly refurbished. Apple believes its refurbished products such as phones, computers, tablets and laptops have a big market in Asia. Under India’s current industrial policy refurbishing is not allowed. However, there might be a change in policy with Apple’s arrival.

Apple uses manufacturing facilities of Foxconn, which has recently promised to invest $5 billion in a manufacturing facility in Maharashtra. A local Apple-run R&D center might send more critical projects towards India’s direction instead of the backend software development that is usually pushed towards Indian firms like Infosys and Tata Consultancy Services.

Some of the other big names that Modi is scheduled to meet are Facebook CEO Mark Zuckerberg, Google CEO Sundar Pichai, and Adobe CEO Shantanu Narayen.

STAY CONNECTED

19,507FansLike
362FollowersFollow
1,773FollowersFollow

Most Popular

7 Cool Wedding Trends For 2021

By Rajesh We have to admit that 2020 changed weddings as we knew them and the way we celebrated them. The pandemic brought about these...

India To Be Transformed By Next Decade Due To Cloud, AI And Data

Although there is an acceleration in tech adoption and innovation across sectors in India, the key challenge now is to scale new-age technologies like...

RT-PCR Test Can Detect New Covid-19 Strain

Umesh Singh of Lucknow, who runs a pharmaceutical company, had symptoms of coronavirus four days ago when he got his Reverse transcription-polymerase chain reaction...

Scientists Are Finding More Evidence In Favor Of CBD For Dogs

BY- Anna Dawson  Studies released in 2021 continue to show the benefits of CBD supplementation in dogs. Our four-legged friends provide us with some of...

A Vaccine To Prevent Opioid Addiction Underway

The time spent alone and in isolation during the ongoing coronavirus pandemic led to an increase in opioid overdoses. Now scientists are planning for...

54% Of Indian Students Comfortable With Online Learning

Nearly 54 percent of students in India now feel comfortable with the online learning model, according to a survey by Brainly, an online learning...

Get Your Home Ready For A Summer Stay Cation With These Budget Ideas

Now that we're halfway through April, the temperature is gradually starting to rise. Soon, we'll all be seeking asylum from the scorching heat, and...

Useful Skincare Tips For Summer

Your skin starts to show signs like clogged pores, acne, tan, and greasiness in summer. We can't blame it on the sun, but we...

Recent Comments