“Buoyed by the success of the iPhone in India, Apple Inc has decided to scale up its presence in the country and plans to triple its exclusive stores to around 200 by 2015, said three of its dedicated franchisees,” The Economic Times reports
“These franchisees, who did not wish to be named, told ET that they have been asked to scale up operations in the country as the Cupertino-based company plans to grow aggressively in the country,” The Economic Times reports. “In addition to increasing the number of Apple exclusive stores, called Apple Premium Resellers, that are owned and managed by 17 franchisees, the company also plans to expand its presence in multi-brand stores, they said.”
The Economic Times reports, “Some of these plans are said to have been discussed during last month’s Mumbai visit of Hugeues Asseman, Apple’s vicepresident (sales) for Europe, Middle-East, India, and Africa. Asseman met key trade partners and franchisee owners to take stock of the company’s India business and to outline the company’s expansion plans.”
Read more in the full article here.
And how exactly do you pronounce your name Mr. Asseman?
Rhymes with Ass-Man..
India is as big as China population-wise, but with a very different political climate and culture. This could be a great move by Apple.
I have lived in India and they have a much bigger upper/middle class wealth than China and man do they love status symbols. Apple is going to make a killing there especially if they open a manufacturing facility of some sort there. ($140 billion laying about).
Think about it, India has as much low cost engineering expertise as china and, a much bigger potential market in the worlds largest democracy.