May 25, 2016 3:51 pm | Updated 4 years ago.
Tim Cook announced the opening up of a new development center for its Maps product in Hyderabad in south India. This venture envisages on creating about four thousand new jobs. The company also plans to establish an app design and development center in the city of Bangalore to augment the design, quality and performance of their apps on the iOS platform.
The new center in Hyderabad will attempt and concentrate on developing Maps for Apple products namely the iPhone, iPad, Mac and Apple watch. Reports point out that the size of its investment in India is of about $25 million. To utilize the huge talent of engineers in India, US companies like Texas Instruments, Oracle, Microsoft, and IBM have also set up development centers in India.
According to a research conducted by Gartner, presently India is the third largest market in the world. Although there was a drop in the sale of iPhone globally; the company recorded a 56 percent growth in iPhone sale in India.
Date of Publication: May 19, 2016