New Strategy of Apple Company (Why Apple Invested in India)
Why Apple Invested in India?
There are several reasons why Apple has invested in India. One of the primary reasons is the country's large and growing market for smartphones and other consumer electronics. With a population of over 1.3 billion people, India represents a huge potential market for Apple's products.
Another reason why Apple has invested in India is to take advantage of the country's relatively low labor costs. India has a large pool of skilled workers who are available at lower wages than those in many other countries. This makes it an attractive location for Apple to set up manufacturing facilities and other operations.
In addition, the Indian government has been taking steps to encourage foreign investment in the country, including offering tax incentives and other benefits to companies that invest in India. This has made India a more attractive destination for foreign companies like Apple.
Finally, Apple has been investing in India to build relationships with local suppliers and partners. This helps the company to better understand the local market and to develop products that are better suited to the needs of Indian consumers.
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