Apple Expands Mumbai Presence: Securing Prime Retail Location for a New Store Opening Soon.
  • 664 views
  • 2 min read

Apple is set to expand its retail footprint in Mumbai with the opening of its second store in the city. This move is part of a broader strategy to increase its presence in the Indian market, recognizing its potential for significant growth.

The new Apple store will be located in Borivali at the Sky City Mall. This will be the company's second outlet in Mumbai, complementing the existing flagship store in Bandra Kurla Complex (BKC) at Jio World Drive. The BKC store, which opened in April 2023, marked Apple's entry into the Indian retail market and has been a popular destination for Apple enthusiasts.

Apple's retail expansion in India is not limited to Mumbai. The company is also planning to open stores in other major cities, including Bengaluru, Noida, and Pune. The store in Bengaluru will be located in Phoenix Mall of Asia in Hebbal. Meanwhile, the Noida store will be situated in DLF Mall of India and the Pune store in Kopa Mall.

This expansion strategy aligns with Apple CEO Tim Cook's vision of India as a "major growth market." During the Q2 2025 earnings call, Cook confirmed that the company would be opening retail stores later this year. This commitment is further evidenced by Apple's ongoing recruitment efforts for these stores since March 2025.

The Bengaluru store, spanning approximately 7,997.8 square feet, will be comparable in size to the Delhi store at Select Citywalk, but smaller than the Mumbai BKC store, which measures over 20,000 square feet. Apple has signed a 10-year lease for the Bengaluru space, with rent payments of ₹2.09 crore annually (₹17.4 lakh per month), starting in August 2025. The lease commenced in November 2024. In addition to fixed rent, the agreement includes a revenue-sharing clause where Apple will pay 2% of store revenues for the first three years and 2.5% thereafter, capped at twice the annual guaranteed rent.

Apple's increased focus on India also extends to manufacturing. The company is reportedly planning to double iPhone production in India to 80 million units to meet the demand. Apple is also conducting "New Production Introduction" (NPI) for the upcoming iPhone 17 in India. Currently, Apple manufactures all four models of the iPhone 16 in India, including the premium Pro models.

The expansion comes at a time when Apple is shifting iPhone manufacturing from China to India, partly driven by US tariffs on China. The company aims to tap into India's growing smartphone market and increase exports to the US. In Q2 2025, CEO Tim Cook stated that the majority of iPhones sold in the US are expected to have India as their country of origin.


Writer - Aahana Patel
Eager and inquisitive, Aahana is a journalist with a passion for local human-interest stories and sports. She's quickly learning the art of interviewing, aiming to amplify the voices of everyday people in her community, and enjoys keeping up with the latest in the sports world. Aahana is committed to ethical reporting and believes in the power of storytelling to connect individuals and foster understanding.
Advertisement

Latest Post


Sports  |  Jul 27, 2025
The India Champions and England Champions faced off today in a crucial World Championship of Legends (WCL) 2025 match at Headingley, Leeds. Both teams were desperate for a win, having struggled to find their footing in the tournament thus far. Enter...

Sports  |  Jul 27, 2025
DeWanna Bonner is hitting back at rumors fueled by Indiana Fever fans regarding her departure from the team. The veteran WNBA player, a three-time Sixth Woman of the Year, addressed the speculation on Saturday, refuting claims that her exit was due t...

Sports  |  Jul 27, 2025
An image circulating on social media depicting Sidney Crosby in a Toronto Maple Leafs jersey has sent the NHL world into a frenzy. The edited photo, initially shared by BarDown on X, has ignited trade speculation and sparked passionate reactions from...

Sports  |  Jul 27, 2025
The UEFA Women's Euro 2025 final sees defending champions England face Spain, the current World Cup champions, in a highly anticipated match in Basel, Switzerland. This match marks another chapter in the developing rivalry between the two powerhouses...

Advertisement
Sports  |  Jul 27, 2025
The atmosphere was electric at the Emirates Stadium as Arsenal fans got their first glimpse of their new star signing, Viktor Gyokeres, ahead of their pre-season friendly against Newcastle United. The Swedish international, who recently completed a h...

Sports  |  Jul 27, 2025
Amidst the heated atmosphere surrounding the cancelled India vs Pakistan match at the World Championship of Legends (WCL) 2025, a heartwarming gesture by former Pakistan captain Shahid Afridi has captured the attention of cricket fans worldwide. A pi...

Entertainment  |  Jul 27, 2025
A video circulating online shows a convoy of police vehicles, including a bus, leaving Aamir Khan's residence in Bandra, Mumbai, sparking widespread speculation. Social media is abuzz with theories after reports emerged that a team of approximately 2...

Sports  |  Jul 27, 2025
Recent developments in Indian sports have sparked a buzz, but a closer examination reveals that much of the activity is mere "box-ticking". While the nation aspires to host the 2036 Olympics and aims to project an image of sporting prowess, several u...

Advertisement
About   •   Terms   •   Privacy
© 2025 DailyDigest360