Apple to open first India store in financial hub of Mumbai

The launch highlights Apple’s push to expand in the South Asian country that’s set to overtake China as the world’s most populous nation this year. — Reuters

Apple Inc is set to open its first official retail store in India soon, a landmark move for the iPhone maker which is placing big bets on the South Asian nation for everything from manufacturing to sales.

The company released a picture of the barricade of its retail store in India’s financial capital of Mumbai on Wednesday, though stopped short of giving a date for its opening. The store, housed in a posh shopping mall owned by billionaire Mukesh Ambani, is located in the city’s main business district alongside multinational banks.