Bullish on India, Apple CEO Tim Cook has said that the US tech giant was bolstering its presence in India's "underpenetrated" market to tap the huge growth opportunities in the fast-growing economy amidst improving 4G network infrastructure. "We set a new March quarter record for India, where revenue grew by strong double digits. "And so there are a ton of things going on there (India). And we agree that we are underpenetrated there. "And so we believe, particularly now that the 4G infrastructure is going in the country and is continuing to be expanded, that there is a huge opportunity for Apple there.

Source: Economic Times May 03, 2017 04:18 UTC