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Apple signals iPhone push in India as Tim Cook opens first store

US tech company has only 5% of smartphone sales but is expanding share rapidly in premium segment

Tim Cook opened the first Apple Store in India on Tuesday, as the iPhone maker stepped up its battle with Samsung over the growing luxury smartphone market in Asia’s second-biggest economy.

The chief executive’s visit to the financial capital, Mumbai, for the launch of its flagship consumer store comes with Apple on a manufacturing drive in a country that is positioning itself to grab a bigger share of western tech production from China.

India will also overtake China as the world’s most populous country this year, but Apple’s share of the world’s third-largest smartphone market is small — at just under 5 per cent of handsets sold last year.

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