Huffpost India

Apple Just Made The First Move Towards Opening Its Stores In India

Posted: Updated:
APPLE
NANJING, CHINA - JANUARY 15: (CHINA OUT) Nanjing's second Apple Store gets prepared to open next day on January 15, 2016 in Nanjing, Jiangsu Province of China. Apple Inc. will be finished its 31 Apple Stores after the one to be opened in Nanjing. (Photo by ChinaFotoPress/ChinaFotoPress via Getty Images) | ChinaFotoPress via Getty Images
Print

In a big move towards expansion in India, Apple has reportedly filed an application with Department of Industrial Policies and Promotions to open their own branded stores in India. As of now, Apple only has affiliated stores in India. In October, they teamed up with the retail chain Croma to open a format known as store-in-store across India.

DIPP secretary Amitabh Kant confirmed in a report that, "We are examining the proposal we have received from Apple". There is no clarification on how much investment has been made by the company.

Apple had a great 2015 in India on the back of great iPhone and iPad sales. They also crossed $1billion revenue in the country last year for the first time. There was a 44% rise in year-on-year sales.

The company has been active with new launches as well. After launching iPhone 6s an iPhone 6s plus in October they slashed the prices in December to attract more customers. Apple also launched Apple watch and iPad Pro in November and December.

Like Us On Facebook |
Follow Us On Twitter |
Contact HuffPost India

Also on HuffPost:

Close
Apple Watch
of
Share
Tweet
Advertisement
Share this
close
Current Slide

Also on HuffPost:

Suggest a correction