Apple CEO Tim Cook will visit also visit India in his Asian tour. Apple CEO Tim Cook and Indian PM Narendra Modi will meet this week.
Apple CEO Tim Cook and Indian PM Narendra Modi will meet this week:
The sources are reporting that Apple executive will visit India this week. He will meet the prime minister of India, Narendra Modi. This visit it due to the decline is the sales of Apple iPhones. This is the first visit of Tim Cook to India. The company has denied to provide Tim Cook’s schedule in India. According to the sources, Apple CEO Tim Cook and Indian PM Narendra Modi will meet this week.
He will visit India on Tuesday. Apple is the world’s best company. Now, this company is planning to open its first outlet in India. In addition to that Tim Cook will meet the employees as well as other partners.
This visit is scheduled particularly to increase the overseas market share of the company. He would visit as a US technology company chief executive. He is visiting India after announcing $ 1 billion investment in China.
The chief executive of Apple said that he sees a huge market potential in India. They will try to revive the sales of their products in the country. According to some valid sources, the company also sent the proposal of repaired smart phones for the people of India. But, Indian government hasn’t responded to the proposal.
The reason of Tim Cook visit is because of the pressure of increasing international market. According to a research, in the first quarter of 2016, India surpasses United States in smart phone consumption.
Other Smart Phone Companies Share in India:
Other smart phone companies like Samsung, Lenovo, Reliance Jio’s lyf and many others are also getting a fair market share from India. Samsung is getting its 29 % market share only form India. On the other hand, Lenovo is getting 8 % share and Reliance Jio’s lyf gets 7 % share from India.
Now, Apple will try to get maximum market share from India. They may also sell their other products like iPad and iPods.
Conclusion:
According to the recent news, Apple CEO Tim Cook and Indian PM Narendra Modi will meet this week. Tim Cook will try to increase the company’s customers in India. The company may launch its first outlet in India as well. That would be a great opportunity for both Apple and India. This visit may open a new business in the country as the company is willing to invest.
