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India sees Apple nearly tripling investment, exports in coming years

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[1/3] Apple CEO Tim Cook gestures during the inauguration of an Apple retail store in New Delhi, India, April 20, 2023. REUTERS/Adnan Abidi NEW DELHI, April 20 (Reuters) – U.S. tech giant Apple could double or triple investments in India, along with exports, over the next few years, a minister said, as the company opened a second store in the world's biggest smartphone market after China. Apple mainly assembles iPhones in India through Taiwan contract manufacturers but plans to expand into iPads and AirPods, as it looks to cut reliance on China. Its iPhones made up more than half of…

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