Photo source: www.deccanherald.com
Apple has significantly increased its footprint in India by leasing nine consecutive floors (5th to 13th) in Embassy Zenith, Bengaluru. The deal covers around 270,000 sq. ft. of space, with a monthly rent of ₹6.3 crore and a 10-year lock-in period. Including security deposits, parking, and maintenance, the overall commitment is estimated at more than ₹1,000 crore. The agreement also carries a 4.5% yearly rent escalation, underlining Apple’s long-term commitment to India’s growing technology ecosystem.
This office will accommodate over 1,200 employees and is expected to play a crucial role in engineering, hardware design, software development, and operational functions. Apple also holds the option to expand further by leasing the ground to 4th floors, which would add over 120,000 sq. ft., potentially raising its total office space close to 400,000 sq. ft.
Why Apple Chose Bengaluru
Bengaluru has long been known as India’s Silicon Valley, making it a natural choice for Apple’s expansion. The city provides access to a vast pool of engineering talent, global tech infrastructure, and a thriving innovation ecosystem. By securing a multi-floor office in one of the city’s prime business towers, Apple is signaling that India will play a much larger role in its future.
Apple’s Future Plans in India
This leasing move is part of Apple’s broader plan to strengthen its presence in India. With iPhone manufacturing already scaling up through partners like Foxconn, Wistron, and Tata Electronics, Apple is making India a key hub in its supply chain. Experts project that by 2027, up to 25% of global iPhone production could happen in India.
On the consumer front, Apple is also doubling down on retail expansion. After launching flagship stores in Mumbai and Delhi, CEO Tim Cook has confirmed plans for new outlets, including one in Bengaluru’s Phoenix Mall of Asia. This will deepen Apple’s engagement with Indian customers while boosting brand visibility.
Apple is aligning India as both a manufacturing powerhouse and a consumer growth market, marking a pivotal step in Apple’s global strategy.
