1. Apple CEO Tim Cook to land in India on 4-day visit

Apple CEO Tim Cook to land in India on 4-day visit

Apple Inc's chief executive Tim Cook will land in India late night on Tuesday, as the iconic maker of iPhones and iPads plans to ramp up its presence in the world's third-largest smartphone market.

By: | Published: May 17, 2016 11:11 PM

Apple Inc’s chief executive Tim Cook will land in India late night on Tuesday, as the iconic maker of iPhones and iPads plans to ramp up its presence in the world’s third-largest smartphone market.

Cook, who took over as chief executive at Apple in 2011, will fly in his private jet into Mumbai later Tuesday. On Wednesday, he is scheduled to meet Vodafone India chief executive Sunil Sood, and later top executive at Reliance Industries, the Mumbai-based conglomerate planning to launch its high-speed 4G communications services later this year, according to people with direct knowledge of the development.

On Thursday, Cook is likely to fly into Hyderabad, where Apple is setting up a Research and Development Facility. He is also likely to meet Andhra Pradesh Chief Minister Chandrababu Naidu, these people said. Later on Friday, the Apple top executive is scheduled to meet Bharti Airtel chairman Sunil Bharti Mittal. On his last leg of his first vist to the South Asian nation, Cook, is scheduled to meet Prime Minister Narendra Modi, these people said on condition of anonymity, as the information is not public as yet.

The Apple chief executive is expected to be accompanied by some of its top executives including operating chief Jeff Williams.

Cook’s visit comes at a time when India is seen as the only bright spot for smartphone companies while world over the shipments are expected to decline. Also Apple is betting big on India and its young population for its next phase of growth after its sales fell in China, its largest market until recently. Apple plans to sell refurbished phones in the country has already come under fire and the officials have rejected its proposals twice. Moreover, the company also plans to set up its own retail outlets, and is seeking ease of sourcing rules for it to set up shops here.

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