Apple Opens First India Store in Mumbai

Apple has opened its first two stores in India, marking a significant step in its relationship with the country. CEO Tim Cook's visit included meetings with Prime Minister Modi and business leaders. India offers a critical opportunity for Apple to diversify its supply chain, currently dominated by China. Although India's market is smaller, it is growing rapidly, with local manufacturing helping to reduce costs. Apple's contract manufacturers in India benefit from government incentives, and the country hopes to replicate China's success in building a manufacturing ecosystem.

In what way does India present a critical opportunity for Apple?

What are the expectations of the Indian government from Apple's presence in the country?