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Apple CEO Tim Cook on Wednesday
announced that the tech giant would establish a Design and Development
Accelerator facility in Bengaluru, the home of India’s startup scene.
Cook started his India visit by paying obeisance at the famed Shree Siddhivinayak temple in Prabhadevi locality in Mumbai.
The Apple CEO is expected to meet Prime Minister Narendra Modi on Saturday. He had met Modi at a Silicon Valley event in the US last September, where they discussed manufacturing plans under Modi’s ‘Make in India’ initiative.
Hit by slower growth in the sale of its flagship products iPhone, iPad and Mac globally, Apple’s revenue dropped for the first time since 2003 as the tech giant released earning reports for the second quarter of fiscal 2016 in March.
According to reports, the company is looking for new growth markets like India after its sales declined.
(With Inputs form IANS)
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