Bangalore: Apple Inc. has finalized a short list of locations for its first retail store in India, according to people familiar with the plans, as the company redoubles its efforts in the world’s fastest-growing smartphone market. But Chief Executive Officer Tim Cook has vowed to improve in the fast-growing market, especially as Apple loses ground in China. “India is a very important market in the long term," Cook said after the company’s earnings report last week. “Its own retail store might be just what Apple requires to reinforce its premium image," said Rushabh Doshi, an analyst with Canalys. Indeed, last month Apple ran front-page newspaper ads announcing sizable discounts on the latest iPhone Xr.

Source: Mint May 08, 2019 08:37 UTC