India, with its vast market potential, represents a significant opportunity for Apple’s growth. However, the situation in India is more akin to other emerging markets, like Brazil, where a limited number of individuals can afford higher-priced products. India has a thriving second-hand market for iPhones, and Apple has typically focused on promoting more affordable models in the country. While India possesses the potential to become a manufacturing hub for Apple products, establish new stores, introduce Apple Pay, and even launch the Apple Card, these developments are likely to take time to materialize fully.
As talks between Apple, Indian banks, and regulators progress, the prospect of the Apple Card arriving in India becomes increasingly tangible. The introduction of the Apple Card in the country would represent a significant step forward for Apple’s financial services ambitions and further solidify its presence in one of the world’s fastest-growing markets. However, it remains to be seen how the discussions unfold and what timeline may be involved in bringing the Apple Card to Indian consumers.
