Following his trip to China after investing $1 billion in ride-sharing company Didi Chuxing, Apple CEO Tim Cook is reportedly scheduled to visit India and meet the country’s prime minister Narendra Modi.
While Apple is gearing up to launch its own retail spaces in India, it’s been blocked from selling refurbished devices in the country. Apple declined to comment on Cook’s travel plans – so they certainly would have a lot to talk about.
Ever been to a tech festival?
TNW Conference won best European Event 2016 for our festival vibe. See what's in store for 2017.
In addition, Chinese hardware giant Foxconn, which is contracted to assemble iPhones, is slated to open a manufacturing facility there, but has delayed its plans over due diligence.
Still, the company could certainly benefit from Cook’s efforts to pave the way for its smartphone business in India. According to IDC, it’s one of the fastest growing mobile device markets in Asia, having seen year-on-year growth of 28.8 percent in 2015 – and Apple would do well to get a larger piece of that pie.