India is finally getting its very first Apple Store.
Apple CEO Tim Cook said Wednesday that the company plans to open a brick-and-mortar store in the country in 2021. A company spokesperson confirmed the news, which was reported earlier by Reuters. In addition to starting its own retail network, the iPhone maker will start online sales in India this year, Cook told shareholders at an annual meeting in Cupertino, California.
But life is getting tougher for Big Tech in India as the government tightens restrictions on foreign companies and shows a growing tendency to shut down internet access at sensitive political moments. Apple has struggled for years to gain traction in India and price has been a key barrier to growth. The most expensive iPhones can cost more than many Indians earn in a year.However, the company has been on a recent upward climb in the country, which is dominated by Xiaomi and Samsung.
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