Apple is ready to increase its retail footprint in India by opening its third retailer at Bengaluru’s Phoenix Mall of Asia, as reported by Enterprise Customary. The transfer underscores the corporate’s dedication to the Indian market, at a time when this rising partnership is scary pressure with President Trump.
In line with the report, the brand new retailer will occupy roughly 8,000 sq. ft on the primary flooring of the Phoenix Mall of Asia in Hebbal, Bengaluru. This dimension is akin to Apple’s Delhi outlet, however smaller than its flagship Mumbai retailer, which spans over 20,800 sq. ft.
Moreover, the lease (which is ready for 10 years) features a revenue-sharing part, a standard association in high-traffic malls: Apple pays 2% of the shop’s income for the primary three years, growing to 2.5% thereafter.
This growth aligns with Apple’s broader technique in India. CEO Tim Cook dinner not too long ago confirmed plans to open 4 new retail shops within the nation, together with places in Pune, Mumbai, Delhi-NCR, and Bengaluru. The corporate’s first two Indian shops, in Mumbai and Delhi, opened in 2023.
New retailer alerts growing reliance on India
Apple’s retail growth in India comes at an odd time, amidst escalating commerce tensions between the U.S. and China.
As Tim Cook dinner informed analysts throughout Apple’s Q2 2025 monetary name:
“For the June quarter, we do anticipate nearly all of iPhones offered within the U.S. may have India as their nation of origin, and Vietnam to be the nation of origin for nearly all iPad, Mac, Apple Watch, and AirPods merchandise additionally offered within the U.S. China would proceed to be the nation of origin for the overwhelming majority of complete product gross sales outdoors the U.S.”
In response, President Trump has threatened to impose a 25% tariff on iPhones not manufactured within the U.S., aiming to push Apple towards home manufacturing.
Whether or not that risk will alter Apple’s trajectory in India is anybody’s guess, however the brand new lease for a 3rd retailer, with extra on the best way, suggests the corporate received’t be hitting the brakes anytime quickly.
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