Apple Unveils 15-Storey Office In India's Silicon Valley Amid Shifting Focus From China
Portfolio Pulse from Shomik Sen Bhattacharjee
Apple Inc. has opened a new 15-storey office in Bengaluru, India, which can accommodate up to 1,200 employees. This move signifies Apple's efforts to diversify its operations beyond China and expand its presence in India, the second-largest global smartphone market. The Bengaluru office features specialized lab spaces, collaborative work areas, wellness facilities, and an on-site Caffe Macs. Apple's expansion in India includes other major cities and reflects its commitment to the Indian market, where it employs nearly 3,000 people and collaborates with local suppliers.

January 17, 2024 | 10:03 am
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Apple Inc.'s new office in Bengaluru underscores its strategic focus on India, potentially boosting its presence in the second-largest smartphone market and diversifying its global operations.
The establishment of a new office in Bengaluru is a significant development for Apple, indicating a strategic shift to reduce dependency on China and capitalize on the Indian market's growth potential. This could lead to increased investor confidence in Apple's ability to diversify its supply chain and market presence, which may have a positive impact on the stock price in the short term.
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