---
title: "Apple’s Cook Meets India’s Modi, Commits to Investing in Country"
description: "Apple Inc. Chief Executive Officer Tim Cook met with Indian Prime Minister Narendra Modi Wednesday, renewing the iPhone maker’s commitment to invest in the region."
type: "NewsArticle"
publisher: "Daily Maverick"
site: "https://www.dailymaverick.co.za"
section: "Business Maverick"
author: "Bloomberg"
author_url: "https://www.dailymaverick.co.za/author/bloomberg/"
canonical_url: "https://www.dailymaverick.co.za/article/2023-04-19-apples-cook-meets-indias-modi-commits-to-investing-in-country/"
published: "2023-04-19T18:42:55"
lang: "en-ZA"
word_count: 244
---

# Apple’s Cook Meets India’s Modi, Commits to Investing in Country

> Apple Inc. Chief Executive Officer Tim Cook met with Indian Prime Minister Narendra Modi Wednesday, renewing the iPhone maker’s commitment to invest in the region.

By Bloomberg · Published 19 April 2023, 20:42 SAST

## Key points
- Apple has cut its dependence on China and tripled its production of iPhones in India, as Tim Cook visited the country to launch Apple's first official store. Modi and Cook exchanged views on tech-powered transformations taking place in India.
- Apple CEO Tim Cook thanked Indian Prime Minister Narendra Modi for a warm welcome.
- Apple has tripled its production of iPhones in India to $7 billion in the fiscal year ending March 2021.
- Cook launched Apple's first official store in Mumbai and is expected to open another in New Delhi.
- Modi said it was an "absolute delight" to meet with Cook and exchange views on tech-powered transformations taking place in India.

## Content

Cook thanked Modi for a warm welcome in a [tweet](https://twitter.com/tim_cook/status/1648684750029340673?s=46&t=FPDjbh61t9FzW1mZDkrJVg).

“We share your vision of the positive impact technology can make on India’s future — from education and developers to manufacturing and the environment, we’re committed to growing and investing across the country,” Cook tweeted.

Cook met Modi during his visit to India in 2016, and Apple began the assembly of an iPhone model in the country the next year.

Much has changed since. Apple has begun to cut its dependence on China as a trade war between Washington and Beijing intensifies and after Covid battered the world’s biggest iPhone plant in Zhengzhou.

The US tech giant has also leveraged the government’s financial incentives to triple production to more than $7 billion of iPhones in India in the fiscal year that ended in March, Bloomberg News [reported](https://www.bloomberg.com/news/articles/2023-04-13/apple-triples-india-iphone-output-to-7-billion-in-china-shift) previously. India now accounts for roughly 7% of Apple’s global iPhone output, and annual sales in the country have [surged](https://www.bloomberg.com/news/articles/2023-04-17/apple-s-india-sales-near-6-billion-as-cook-begins-retail-push) to $6 billion.

Cook landed in India Monday and launched Apple’s [first official store](https://www.bloomberg.com/news/articles/2023-04-18/cook-opens-india-s-first-apple-store-to-accelerate-sales-push) in the financial hub of Mumbai a day later. On Thursday, he’s expected to open another Apple store in an upscale mall in New Delhi. Cook has met with other Indian officials as well as athletes, a Bollywood actresses, musicians and schoolchildren.

On Wednesday, Modi said it was “an absolute delight to meet” Cook.

“Glad to exchange views on diverse topics and highlight the tech-powered transformations taking place in India,” Modi tweeted.