Apple new store in india: Apple is going to open its third retail store in India, this store will open this time in Bengaluru. This new store is open before the Apple iPhone 17 launch. The iPhone 17 is currently in discussion and many features would come on its day. Apple already runs two flagship stores in Mumbai and New Delhi. Now you have to see what will be special on the new store.
Apple’s new store details
Apple has leased 8,000 sq ft in the Phoenix Mall of Asia in Bangalore. The store is shorter than the Mumbai store, but matches the size of the Delhi outlet. Apple has signed a lease for 10 years, under which it will have to pay Rs 2.09 crore annually. For the first three years, it will also give 2% of the store’s revenue, which will increase from the fourth year to 2.5%.
India’s increasing importance
India is now the fourth largest market in Apple after the US, China and Japan. In 2024, Apple sent 12 million iPhone to India, which is 35% more than the previous year. The company won 10% market share in the last quarter due to the demand of Apple iPhone 15 and Apple iPhone 13. Apple is committed to India despite American pressure. With this, the iPhone 17 is going to be released in a few months, in which you get to see many new features.
