Apple opening an app development center in India

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Apple is continuing its Indian drive.
Photo: Ste Smith/Cult of Mac

Apple plans to open a new high-end app development center in Bengaluru, India, according to a new report, citing people familiar with the company’s plans.

The report claims that Apple has already come to terms concerning a 40,000 square foot office space, spread across two floors. It is likely that this space will house around 300 people, and will open in early 2017.

India may finally be about to get its own Apple Stores

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Apple Store Union Square San Francisco
Apple may finally get the chance to open major Apple Stores in India.
Photo: Lyle Kahney/Cult of Mac

It’s been a long time coming, but from the sound of things India is finally about to get its first official Apple Store, according to people familiar with the matter.

Apple’s biggest supporter? None other than Prime Minister Narendra Modi, who is set to grant the company a three-year exemption to India’s rules about foreign single-brand retailers sourcing a significant portion of their products from India.

Apple will be able to open retail stores in India on one condition

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Photo: Apple
Apple wants to open a flagship Apple Store in India, similar to its Fifth Avenue outlet.
Photo: Apple

Apple’s plans for a string of retail stores in India hit a hurdle last month when the country’s finance minister ruled that Apple must conform to local sourcing laws in order to be granted a permit for the country. Requiring that Apple procure 30 percent of its goods locally, this seemed like it put a decisive halt to plans for Apple Stores in India.

Fortunately, it seems that cooler heads have prevailed — as part of a much larger rethink that goes way beyond Apple.

Why India may not be the China substitute Apple’s hoping for

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India is a project for the long haul it seems!
Photo: Ste Smith/Cult of Mac

With Apple running into problems in China, it’s been upping its focus on India as another relatively untapped market where Cupertino hopes to expand its market share. But can India, which has a population of 1.25 billion people, really serve as a substitute for China, with its comparative 1.36 billion people?

Not according to a group of Mizuho Securities analysts, who argue that regulatory politics, competition, low wages and lack of carrier support are all obstacles in India which means it will struggle to offset a slowdown in Apple’s China business.

Apple may be able to open Indian retail stores after all

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Indian Apple Stores may finally be on the way.
Photo: Ste Smith/Cult of Mac

Apple’s plans to open own-brand Apple Stores in India may finally be gaining momentum, with a new report claiming that the Indian government is likely to give the company a two or three year exemption to local sourcing laws in order to establish its retail outlets in the country.