Apple CEO touts India impact in push for deeper market access

Apple CEO touts India impact in push for deeper market access

Apple CEO touts India impact in push for deeper market access

They stressed how much India had helped build their businesses, and the extent to which their companies had contributed to India.

This will be the first meeting between Trump and Modi.

The logic is that there are rather a lot of people in India so the logic is that it should be big market to get yourself involved with. The two leaders will be addressing reporters in the Rose Garden.

Amazon CEO Jeff Bezos, who has already committed over $5 billion in investment in India, tweeted soon after the meeting that he would continue to invest in the country.

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Apple, working with contract manufacturer Winstron, began assembling the iPhone SE in Bengaluru last month. He wrote: "Terrific meeting with @narendramodi. Excited to keep investing and growing".

Speaking back in April, when he claimed his firm had become India's top e-commerce player, Bezos hinted that more capital would be supplied to develop the Indian business. "Apple's commitment to the developer community through the opening of the App Accelerator is a tremendous investment in the future of India's digital economy", NASSCOM President R Chandrashekhar had said in an earlier statement.

Modi is said to have discussed a plethora of issues from visas and job creation to foreign investments and demonetization. "We're inspired by your vision for India and excited about what we can achieve together", Cook tweeted. Numerous big technology companies, including IBM, Cisco, Accenture, and VMware, have been describing India as one of their fastest growing markets in quarterly financial results announcements in recent times. The tech giant has also partnered with the Federation of India for Commerce Federation of Indian Chambers of Commerce & Industry (FICCI), and the Indian School of Business, Hyderabad for training enthusiasts and certifying their progress. "It's still Day 1 for e-commerce in India, and I assure you that well keep investing in technology and infrastructure", Bezos had said. China and the US now dominate global e-commerce spending, but the value of online sales in India is predicted to rise to $48 billion by 2020, analyst firm Forrester has forecast. Sales in India have been rising rapidly.

Cook reiterated that Apple had generated 740,000 jobs in India through its so-called "app economy" and Indian developers had created almost 100,000 apps for the App Store, the person said.

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