Apple expands into India with first retail store in Mumbai.

Apple has opened its first store in India, located in Mumbai, with another store set to open in Delhi. The move highlights the importance of the Indian market to the iPhone maker's future, as it aims to boost sales and manufacturing of iPhones in the country. Apple CEO Tim Cook has long viewed India as a key market, and the company is putting a "significant amount of energy" into the market. India's growing middle class and young, "mobile first" population offer the opportunity for Apple to boost revenue and iPhone sales near the levels seen in markets like the US and China.