This article is only published in today's headlines, not published on any other platform, please do not carry plagiarism, violators will be investigated for copyright responsibility.
Exploring Cook's deep love for India is puzzling. Is his move a careful consideration of the Indian market, or is there another mystery? Recently, we can't help but think.
Just after the news of the opening of two Apple retail stores in New Delhi and Mumbai, India, people speculated about how deep Cook has feelings for India. It is reported that he not only did not hesitate to fly to India, but also held discussions with representatives of the political and business circles.
In an earnings call that lasted more than an hour, Cook kept mentioning "India", is this his true feelings or ulterior motives?
The Wall Street Journal once said: "In Apple's eyes, India is the next China." This remark has aroused widespread attention, but whether such a judgment is accurate still needs to be analyzed in depth from multiple angles.
Apple's investment in India is clear, but one character breaks that stereotype. Taiwan's Wei Creation, China's main supplier of Apple, has announced plans to withdraw from the Indian market.
Wistron recently announced that it will withdraw from India within a year and dissolve most of its India operations. Wistron officials are silent about this, but anyone with a discerning eye can see that this is a firm decision. Perhaps affected by the many adverse factors in the Indian market, Wistron's move undoubtedly cast a shadow over Cook's favoritism.
Looking back over the past 15 years, Wistron has experienced India as shocking. Especially at the end of 2020, Wistron suffered violence from local workers in India, which caused serious economic losses.
Although the original situation of the matter is divergent in opinion, this incident has become a shadow of Wistron in India, and it has also exposed the problem of labor conflicts in India. The Indian government's rapid changes and unstable business environment have put Wistron and other suppliers under pressure.
However, in addition to external pressures, Wistron also faces internal difficulties. Wistron tried to reduce its reliance on large clients, but the transformation made little progress. Previously, as part of Acer Computer, Wistron had extensive experience in notebook manufacturing. However, the reality is like a skinny cold wind, Wistron's profits continue to decline, the plant stops production, and the company's predicament is obvious.
Wistron's withdrawal raises the question, who will be their "takeover man"? India's homegrown giant Tata Group may be a strong candidate. This company with a market value of more than 100 billion yuan intends to invest in Wistron's iPhone production factory, which will not only become the first company in India to produce iPhones, but also hope to make a name for itself in the Indian market. However, replicating China's manufacturing chain system in India is not easy. Industrial relations issues in India, the cost of upfront inputs, and issues such as integration of production chains are likely to be challenges for Tata Group.
Despite the huge Indian market, Apple's problems in India cannot be ignored. India's labor conflicts, the instability of the policy environment, and the imperfection of the industrial chain have made Apple's development in India full of uncertainty. Although the Indian market provides a blue ocean for Apple to some extent, the situation is not optimistic today.
In general, Cook's love affair with India may have more complicated considerations behind it. In the vast market of India, Apple's challenges and opportunities coexist, and how to succeed in this changeable land will become Apple's future exploration direction.