Apple plans a big push in India with 500 stores across the country

Apple is all set to take things to the next level in India — one of the fastest growing smartphone market in the world. The company has been present in India through distributors since the last few years, but its presence has been limited to major metro cities in India, including Delhi and Mumbai.

The move is part of a plan to expand Apple’s presence in smaller towns and cities. The upcoming stores are said to be iOS-centric, focusing on Apple’s tremendously popular mobile devices such as iPads and iPhones.

According to Times of India’s source, “the company is finalizing plans to become a serious player in India, which is being seen as a strategic and one of the most promising markets globally.”

However, Apple will not be opening these stores directly in India. Instead, it will be relying on two of its key distributors — Redington and Ingram — for the expansion. This is because Indian regulations don’t allow for a single foreign company to open stores across India. Apple has “tentatively approved” the expansion proposal, and plans on giving its final go ahead very soon. In smaller cities, the company will be opening stores with a relatively small size of 300-600 sq.ft compared to its usual store size of 2000 sq. ft in major metro cities.

Last year, Apple sold 1 million units of the iPhone in India, and this year the company plans on tripling this figure.

[Source]

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