Apple says 'Hello Mumbai' at first India store launch

Reuters

Apple Inc has revealed the look of its first retail store in India, as several people tried to catch a glimpse outside the store's black and yellow artwork patterned after Mumbai's iconic taxis.

The store is still in barricades and is likely to open this month, a person familiar with the matter told Reuters.

India has become a big market for the Cupertino, California-based company, which launched an online retail store in the world's second-largest smartphone market in 2020.

Still, due to its high prices, Apple has only a 3 per cent share of India's smartphone market.

Apple has previously faced hurdles in opening physical retail stores in the country, with 2021 launch plans delayed because of the COVID-19 pandemic.

Apple products, however, have been sold in India for years on e-commerce platforms such as Amazon.com Inc and Walmart Inc's Flipkart, as well as through resellers.

India is also increasingly becoming a manufacturing base, with some Apple products, including iPhones, assembled in the country by Taiwanese contract electronics manufacturers Foxconn and Wistron Corp. Apple also plans to assemble iPads and AirPods in India.

The first retail store is located in the premier Reliance Jio World Drive mall, home to various luxury clothing and jewellery brands like Michael Kors, Kate Spade and Swarovski.

The brightly-lit store was "inspired by the iconic Kaali Peeli taxi art unique to Mumbai," Apple said in a statement, referring to the city's decades-old yellow and black taxis.

People were taking selfies and recording videos on their smartphones outside the store on Wednesday evening, with the Apple logo decked out in a variety of colours and a version of the classic Apple greeting showing "Hello Mumbai".

More from Business News

  • Spinneys makes Dubai stock exchange debut

    Spinneys 1961 Holding PLC, an operator of premium grocery retail supermarkets under the Spinneys, Waitrose and Al Fair brands in the UAE and Oman, started trading on Thursday on the Dubai Financial Market (DFM).

  • ADNOC reports 18% Q1 growth

    ADNOC Distribution released strong Q1 2024 financial results, showing an 18 per cent year-on-year increase in EBITDA to $248 million.

  • Dubai Duty Free boss to retire after 41 years

    After 55 years in the travel retail industry and 41 at the helm of Dubai Duty Free (DDF), Colm McLoughlin, Executive Vice Chairman & CEO has announced that he is stepping down from his role on May 31, 2024.

  • Sharjah airport welcomes over 4 million passengers

    More than 4.2 million passengers travelled through Sharjah Airport in the first quarter of 2024, marking a 10 per cent year-on-year increase.

  • DXB on track to surpass 90 million passengers in 2024

    His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA), Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group, says he expects passenger traffic at Dubai International Airport to exceed 90 million by the end of this year.

News