Apple To Open 4th India Store In Mumbai’s Borivali

The lease runs nearly 11 years, starting at a monthly rent of INR 17.35 Lakh, and the rent will increase by 15% every three years

The big tech giant already operates a store in Mumbai’s BKC and Delhi’s Select City Walk, and has signed a lease for another location in Bengaluru’s Phoenix Mall of Asia

Apple is accelerating manufacturing in India, with an eye on diversifying its production away from China amid rising trade tensions and export restrictions

Apple is…