For India's tech ecosystem, Apple has launched a design and research and development (R&D) subsidiary in Bengaluru. The move strengthens the company's footprint in the country and underscores India's growing prominence as a global technology hub.
The new entity, Apple India Technologies Private Limited, is set to focus on designing and developing cutting-edge products. With an investment of ₹1,000 crore (approximately $127 million), Apple plans to create over 4,000 jobs, fostering opportunities in high-tech innovation and engineering.
Karnataka Chief Minister Basavaraj Bommai applauded Apple’s investment, emphasising its dual benefits: job creation and economic growth. “This marks a significant milestone for Karnataka, and we’re confident it will propel the state’s reputation as a global tech destination,” he remarked.
Union Minister for Electronics and Information Technology Ashwini Vaishnaw echoed the sentiment, noting that Apple’s expansion highlights India’s increasing appeal as a destination for foreign direct investment.
Apple’s latest investment aligns with its broader efforts to deepen its roots in India. The company already collaborates with manufacturing partners like Foxconn and Wistron, contributing significantly to India’s burgeoning electronics manufacturing sector.
Additionally, Apple is poised to open its first retail store in India, while its software development centre in Hyderabad continues to play a key role in the company’s global operations.
Apple’s decision is a strong endorsement of the Indian government’s Make in India initiative, which aims to promote domestic manufacturing and attract foreign investment. The initiative has been instrumental in transforming India into a preferred hub for global technology giants.
With India emerging as a critical growth market for Apple, this move reflects the company’s long-term commitment to the region. As government incentives and a robust talent pool continue to attract global leaders, Apple’s presence is expected to spur further investments in the country’s tech landscape. As per Indian express reports, this expansion signifies more than just economic progress—it represents a shift in India’s status as a global player in innovation and technology.
Apple Expands Operations in India: Launches Design and R&D Subsidiary in Bengaluru
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