Apple deepens India bet: 5 lakh sft office leases worth Rs 1,400 cr, opens first South India store

Apple expands its India footprint with new office leases in Bengaluru and Hyderabad totalling 5 lakh sq ft and Rs 1,400 crore in commitments. The move pairs with the launch of Apple Hebbal—its first South India store and third nationally—and Foxconn's iPhone 17 production ramp-up.

— Filed Tue, 30 Jun, 2026, 15:34 IST · Source Times of India · Business · Updated

Apple expands India footprint with 5 lakh sft of office leases in Bengaluru and Hyderabad worth Rs 1,400 crore, while opening Apple Hebbal—its first South India store and third nationally—alongside Foxconn's iPhone 17 production launch.

Why this matters

Apple's retail and operations push follows plans for a second Bengaluru store at Phoenix Marketcity Whitefield, signaling sustained physical and supply-chain investment in India despite regulatory and security headwinds.

Retail-company signals are accelerating, up +444800% QoQ.