Kopa Mall In Pune's Koregaon Park Likely To Host Apple’s New Store

Currently, the tech giant has two stores in India—one in Mumbai’s BKC and another in Delhi’s Saket

FPJ Web Desk Updated: Thursday, April 24, 2025, 07:02 PM IST
Representative Image  | File Photo

Representative Image | File Photo

In a bid to expand its retail footprint in India, Apple is likely to open a new store at Kopa Mall in Pune's Koregaon Park. Along with this, the United States-based company is also likely to open another store in Noida’s Mall of India, reported Financial Express.

"Apple has already finalised the locations in the malls in Pune and Noida, and is looking for two more places in Bengaluru and Mumbai," the report quoted sources as saying.

Currently, the tech giant has two stores in India—one in Mumbai’s BKC and another in Delhi’s Saket.

Production of Apple iPhones in India surges 60%

Apple India has recorded a 60 per cent jump in iPhone production from its Indian supply chain, with a turnover close to ₹1.89 lakh crore during the financial year ended March 31, 2025, according to industry data.

Of this total output, Apple exported ₹1.5 lakh crore worth of iPhones from India during 2024–25, Minister for Electronics and Information Technology (MeitY) Ashwini Vaishnaw has stated.

Around 70 per cent of the exports were contributed by Apple’s iPhone supply chain, with Tamil Nadu-based Foxconn accounting for close to 50 per cent of the overseas shipments. Exports from the Foxconn factory registered an over 40 per cent jump over the same period of the previous financial year.

Another 22 per cent of the exports came from iPhone vendor Tata Electronics, which has acquired the Wistron smartphone manufacturing factory in Karnataka. Another 12 per cent of the export consignments came from the Pegatron facility in Tamil Nadu, in which Tata Electronics acquired a 60 per cent stake towards the end of January. With the acquisition of the two Taiwanese companies, the Tata Group has also emerged as a major producer of iPhones in the country.

(With IANS inputs)

Published on: Thursday, April 24, 2025, 07:02 PM IST

RECENT STORIES