Apple to restructure international sales management to focus more on India: Report
US technology giant Apple is said to be revamping the management of its international business operations and focus more on India. According to an exclusive report by Bloomberg, India will become Apple’s own sales territory.
In a recent earnings call, Apple reported record quarterly revenue in India and strong double-digit year-over-year growth, according to Reuters. India has become more important for Apple in the last few years due to the growing demand for Apple products.
According to a report, the Cupertino-based iPhone maker is promoting its India head Ashish Chowdhary to replace the recently retired Hugues Asseman, who was in charge of India, Middle East, Mediterranean, Eastern Europe and Africa.
Chowdhary will now report directly to Michael Fenger, Apple’s product sales manager, it added.
While India is becoming more of a focus for Apple, regional sales reports still group India with Europe, the Middle East and Africa. Apple has started producing some iPhone models in India, including the iPhone 14, as it looks to diversify beyond China.
Apple supplier Foxconn has recently invested $500 million in the country to increase production capacity. The factory offers employment potential for more than 1,00,000 people.
Foxconn Chairman Young Liu called Telangana Chief Minister K Chandrashekar Rao last Thursday. According to a statement from the Prime Minister’s Office, the “historic agreement” could employ more than a million people over 10 years.
Union Minister for Electronics and IT Rajeev Chandrasekhar and Chief Minister Basavaraj Bommai said Apple phones will be built at a new 300-acre factory in Karnataka, creating about a million jobs. The Foxconn unit will help create large-scale employment for the youth and help attract more such industries to the state
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