How Steve Jobs’s Trip to India Helped Create Apple – The Juggernaut

On April 17, 2023, Mumbai’s well-known Swati Snacks, a quick-serve spot that slings road meals, was abuzz with pleasure. One in all Swati Snacks’s diners that day was Apple CEO Tim Cook dinner, who sat subsequent to Bollywood star Madhuri Dixit as the 2 munched on vada paos. “Thanks, Madhuri Dixit for introducing me to my very first Vada Pav — it was scrumptious!” Cook dinner later tweeted. He would go on to inaugurate Apple’s first retail retailer in India the very subsequent day, and its second two days after that.

Apple, essentially the most worthwhile firm on this planet at $2.3 trillion, has lengthy relied on China to gas its development. Now, the tides are altering. The opening of Apple’s first retailer in India, the place the corporate is dedicated to “rising and investing,” had been rumored since 2019. As of 2022, Apple’s market share in India was 4%, quadruple what it was in 2019, and Cook dinner goals to have 25% of all iPhones manufactured in India by 2025. 

Regardless of all of the current hoopla over Apple and India, nonetheless, the corporate’s deal with the subcontinent is probably not that stunning. The tech big’s growth to India comes full circle — nearly precisely 49 years after its founder, Steve Jobs, arrived in India seeking “religious enlightenment.” Inside two years of his return to California, Jobs would discovered Apple, altering private computer systems without end.