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Here’s the latest sign India will be a key growth market for Apple

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Apple’s first physical retail store is located in the populous city of Mumbai.

Punit Paranjpe | Afp | Getty Images

The decision by Apple‘s (AAPL) main iPhone manufacturer to invest an additional $1.5 billion in India should further accelerate the Club holding’s pivot toward a key emerging market, reducing its reliance on China as a production hub.

Source: CNBC

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