Category Archives: business

business, economy, maritime

Kerala’s Maritime Economy Soars With ₹7,288 Crore Investment Proposals At Union Conclave

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**Kerala’s Maritime Economy Gets a Rs 7,288 Crore Boost at ‘Blue Tides’ EU Conclave**

*Thiruvananthapuram:* Kerala’s maritime economy has received a significant boost with investment proposals worth Rs 7,288 crore emerging from the two-day Kerala-European Union conclave, ‘Blue Tides’, held recently in Kovalam. Fisheries Minister Saji Cherian announced this development during the conclave’s valedictory session on Friday.

The proposals were submitted by 28 investors, reflecting strong interest in Kerala’s fisheries and maritime sectors. The European Union, a key partner of the conclave alongside the Government of India, urged Kerala to establish a dedicated platform for sustained engagement with EU countries, Minister Cherian added.

“This conclave has not only achieved what it set out to do, but its outcome has exceeded expectations and set an example for the country,” said Cherian. He emphasized that the event marks the beginning of a significant push for the growth and modernization of Kerala’s fisheries sector.

Cherian also highlighted Chief Minister Pinarayi Vijayan’s inaugural remarks, wherein the CM pointed out that the conclave had opened doors for innovation and sustainable, inclusive development of both the seas and the coastline.

During the event, 28 investors signed expressions of interest, signalling their commitment to future collaboration.

European Union Ambassador to India, Herve Delphin, also addressed the conclave, sharing insights on the discussions held with Chief Minister Pinarayi Vijayan. The ambassadors put forward a proposal to create an engagement platform with EU states, as part of ‘Team Europe’s’ efforts to explore multiple avenues for cooperation with Kerala.

Delphin noted that the conclave was viewed as a continuation of the global ‘blue economy’ summit held earlier this year in France. His team made considerable progress during dialogues with Kerala officials, identifying opportunities for collaboration, especially in healthcare and information technology sectors.

Recalling the panel discussions, Kerala Chief Secretary Dr. A Jayathilak pointed out that key topics included sustainability, advanced technology, climate change resilience, and global cooperation on logistics.

Kerala’s special representative in New Delhi, Professor K V Thomas, acknowledged the challenges faced leading up to the conclave but praised the strong support from the Chief Minister and the organizational capabilities of Minister Cherian for successfully hosting the event.

The conclave ‘Blue Tides’ signals a new chapter for Kerala’s fisheries and maritime industries, positioning the state as a promising hub for sustainable blue economy initiatives in collaboration with international partners.

—

*Disclaimer: This story is sourced from a syndicated feed. Only the headline has been modified.*
https://www.freepressjournal.in/business/keralas-maritime-economy-soars-with-7288-crore-investment-proposals-at-union-conclave

business, luxury, technology

Key Highlights From The Two-Day Luxury Innovation Summit 2025 Held In Geneva

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The seventh edition of the Luxury Innovation Summit took place in Geneva on September 1-2, 2025, once again proving why it’s the premier platform for leaders to explore the future of the luxury industry. This summit brought together global experts to discuss the forces transforming luxury—from AI and digital identity to circular models and market expansion in Asia.

“AI, sustainability, and circular business models are no longer side topics,” said Deependra Pandey, Founder & CEO of Luxury Venture Group. “They are the main drivers of transformation in luxury today.”

### Looking Ahead: Mumbai 2026

As the industry shifts gears toward new growth markets, the Summit’s next edition will take place in Mumbai in March 2026. The event will bring together global luxury leaders, entrepreneurs, and investors for high-impact dialogue and collaboration in one of the world’s most dynamic economies.

In parallel, Luxury Venture Group will lead an International Business Delegation to India, connecting global brands and SMEs with India’s fast-growing luxury market through discovery visits, private B2B matchmaking, cultural immersion, and exclusive Summit access.

“India is now at the centre of luxury’s future,” said Pandey. “Rising demand, cultural richness, and the upcoming EFTA–India trade deal are creating unprecedented opportunities. For global luxury brands, India is no longer an optional market—it’s a strategic priority.”

### AI and Digital Experiences

AI is driving a new era of hyper-personalised luxury. Companies like Nestlé and New Relic showcased how real-time data, predictive analytics, and spatial computing are reshaping premium retail. Sessions also explored the future of blockchain, digital identity, and emotional engagement through immersive technologies.

### Sustainable Luxury

Sustainability and circularity are now at the heart of luxury business models. Platforms such as eBay, Bunjang, and Certilogo highlighted how technology can extend product lifecycles and build consumer trust. Re-commerce is not just a trend, it’s a core strategy.

### Women Lead the Way

With the global ‘Great Wealth Transfer’ (estimated $30 trillion in the US alone), women are shaping consumption, innovation, and sustainability in the luxury industry. A panel led by 100 Women @ Davos revealed how women consumers and leaders are influencing environmental, social, and governance (ESG) priorities and digital transformation.

### India: New Growth Frontier

India’s accelerating appetite for luxury, spanning watches, jewellery, fashion, hospitality, and travel, was the focus of a dedicated masterclass. Speakers emphasised how cultural events like weddings and festivals, along with trade policy shifts, growth in e-commerce, and strong demand from smaller cities, are driving luxury consumption and long-term investment opportunities.

### Innovation Is the Key

A surge in funding is flowing into startups focused on sustainability, AI, and next-gen craftsmanship. The Luxury Innovation Awards showcased promising early-stage ventures redefining what luxury means for the next generation of consumers.

*The writer was a speaker at the Luxury Innovation Summit 2025.*
https://www.freepressjournal.in/lifestyle/key-highlights-from-the-two-day-luxury-innovation-summit-2025-held-in-geneva

business, international relations, politics, technology

EXCLUSIVE: ‘Dishonest’ Trump Keeping Information From UK Prime Minister During Meeting, Body Language Expert Claims… as Prez Signs Massive $350B Tech Deal

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**Donald Trump and UK Prime Minister Keir Starmer Sign $350 Billion Technology Deal Amid Speculation**

*Published: September 19, 2025, 2:45 p.m. ET*

Donald Trump and UK Prime Minister Keir Starmer may have finalized a monumental $350 billion deal this week, but according to a body language expert, the U.S. president could be withholding critical information.

On Thursday, September 18, President Trump signed a joint memorandum of understanding that authorizes multi-billion dollar investments in sectors such as artificial intelligence (AI), civil nuclear energy, and quantum computing.

### Details of the Deal

During a press conference, Trump and Starmer announced the **Technology Prosperity Deal**, touting it as a significant win for both nations that could create up to 17,500 new jobs across the United States and the United Kingdom.

“This trip has galvanized $350 billion in deals across many sectors, and we’re committed to ensuring that the UK is a secure and reliable supply of the best AI, hardware, and software on Earth, and we supply that and make sure we supply it in quantity to the UK,” Trump remarked.

The 79-year-old president joked that it was “a better deal for you than us,” while praising Starmer’s negotiation skills.

Starmer referred to the agreement as “a good deal” and added, “It’s a blueprint to win this new era together, shape it according to our shared values, and seize the incredible opportunities that are on offer.”

### What’s Trump Hiding?

Despite the positive public exchanges, body language expert Inbaal Honigman observed a different dynamic, especially noting Trump’s hand gestures during the meeting.

“The President’s hands are close together, and he might be keeping his cards close to his chest, while the Prime Minister’s hands are wider apart, fingers splayed, which indicates sincerity and honesty,” Honigman told RadarOnline.com.

She continued, “As both are involved in creating a historic deal, there’s still a big advantage to the U.S. leader, as his body language suggests that he knows some stuff that his British counterpart doesn’t know.”

According to Honigman, Starmer “wasn’t sure what to expect” from their encounter and was “not confident the meeting would go well.”

### Are Trump’s Enemies Plotting?

Social media users have also expressed skepticism about Trump’s true motives with this massive agreement, with some branding it as “fake.”

One user questioned, “So, Trump wants the UK to get involved in AI for the US and turn it into a surveillance state to match the UK’s?”

Another added, “Great news… more fake deals.”

Some pointed out domestic priorities being overlooked, with one saying, “But not enough money for school lunches, Offender Registry, Sesame Street, or Environmental Cleanup. Priorities.”

While Trump appears to be fostering friendly relations with the UK, his global standing is far from secure. Reports suggest that China, Russia, and North Korea are covertly collaborating on a disturbing initiative to develop “biotech-fueled super soldiers” aimed at global domination.

### Secret Meeting of Authoritarian Leaders

Vladimir Putin, Kim Jong-un, and China’s Xi Jinping recently convened in Beijing to commemorate the 80th anniversary of Japan’s World War II surrender. However, alongside celebratory events, the three dictators allegedly discussed plans to create “super soldiers.”

Sources claim the leaders were overheard on a hot mic discussing chilling topics, including harvesting human organs from political prisoners, advanced biotechnology, and medical transplants that could potentially allow soldiers and leaders to live—and fight—well beyond typical human lifespans, possibly for 150 years or more.

“In a few years, with the development of biotechnology, human organs can be constantly transplanted so that [people] can live younger and younger, and even become immortal,” Putin reportedly told Xi.

### Trump’s Response

It appears that Trump may have caught wind of these clandestine discussions. Historically active on his Truth Social platform, he wrote recently:

“May President Xi and the wonderful people of China have a great and lasting day of celebration. Please give my warmest regards to Vladimir Putin and Kim Jong Un, as you conspire against the United States of America.”

—

As the Technology Prosperity Deal moves forward, the world watches closely to see what this historic agreement truly entails — and what it might be hiding beneath the surface.
https://radaronline.com/p/trump-keeping-information-from-uk-prime-minister-keir-starmer-tech-deal/

business, economy, employment, rural development, society

UP To Host Village-Level Job Fairs For First Time, Starting September in Meerut Division

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**Uttar Pradesh to Host Village-Level Job Fairs, Offering Major Opportunities for Rural Youth**

Meerut: In a first-of-its-kind initiative, Uttar Pradesh is set to organize job fairs at the village level, aimed at providing significant employment opportunities for unemployed youth in rural areas. The recruitment drive will kick off this September, starting from the Meerut division.

Under the supervision of the Employment Department, private companies will conduct recruitments across six districts: Ghaziabad, Gautam Buddha Nagar, Bulandshahr, Baghpat, Hapur, and Meerut. Nearly 8,000 candidates are expected to secure jobs through these fairs.

A total of 40 block-level job fairs will be held, with each event hosting 5 to 10 participating companies. One of the key highlights is that selected candidates will receive appointment letters on the spot, streamlining the hiring process.

**Eligibility and Job Sectors**

The eligibility criteria vary from Class 8 to post-graduate level, depending on the sector. Job opportunities are available in diverse fields such as packaging, construction, sales, mechanical trades, and security, among others.

Officials have stated that starting salaries will range between Rs 15,000 and Rs 35,000 per month, depending on candidates’ qualifications and performance during interviews.

**Schedule and Registration**

The job fair schedule for Meerut’s 12 blocks begins on September 24 with an event at Rajpura and will continue through November 17, concluding at the Meerut block headquarters. Other locations include Kharkhoda, Machhra, Sarurpur, Sardhana, Daurala, Rohata, Jani, Mawana, Parikshitgarh, and Hastinapur.

Interested candidates are required to register on the Rojgar Sangam portal at [rojgarsangam.up.gov.in](http://rojgarsangam.up.gov.in). Additionally, free on-spot registration counters will be available at each job fair venue, allowing easy participation for all.

**Past Success**

Officials highlighted that over 30,000 youth were employed through similar fairs last year, with 7,000 jobs provided in Meerut alone, underscoring the effectiveness and reach of these recruitment drives.

This initiative promises to bring much-needed employment opportunities directly to rural youth, fostering economic growth and development at the grassroots level in Uttar Pradesh.
https://www.freepressjournal.in/uttar-pradesh/up-to-host-village-level-job-fairs-for-first-time-starting-september-in-meerut-division

business, celebrity, documentary, film, indie cinema

Docs On Movies: ‘Chain Reactions’ Honors ‘The Texas Chainsaw Massacre’ With Stephen King & Mike Figgis’ Close Up Of Coppola’s ‘Megalopolis’ – Specialty Preview

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The Texas Chainsaw Massacre and Megalopolis get the documentary treatment, as does the inner world of Ye, in this end-of-summer indie weekend with a sprinkling of dramas and comedies.

Dark Sky Films opens *Chain Reactions* by Alexandre O. Philippe, an acclaimed documentary examining the profound impact and lasting influence of *The Texas Chainsaw Massacre*. The film features discussions with five artists: Stephen King, Patton Oswalt, Takashi Miike, Alexandra Heller-Nicholas, and Karyn Kusama. It debuts today in New York (Regal Union Square), Los Angeles (Laemmle NoHo), with San Francisco’s Roxie theater screening next week. The release will expand throughout October.

Dark Sky also holds the rights to Tobe Hooper’s original 1974 shocker, and theaters are pairing the two films. *Chain Reactions* premiered at the Venice Film Festival last year, winning the Venice Classics Award for Best Documentary on Cinema. It boasts a 100% critics’ score on Rotten Tomatoes from 27 reviews. For more insight, see Deadline’s interview with Philippe from the Venice premiere.

Following its premieres at Venice and Telluride, Utopia is opening *Megadoc*, a documentary directed by Mike Figgis about the making of Francis Ford Coppola’s *Megalopolis*. Screening on around 40 screens, including Angelika in NYC, Landmark Sunset in LA, Roxie in San Francisco, and AFI Silver in Washington DC/Maryland, this fly-on-the-wall doc captures Coppola’s decades-long journey creating his self-financed passion project that debuted at Cannes in 2024 and saw a theatrical release that fall.

Figgis’ real-time portrait weaves together archival materials, candid cast interviews, and an intimate look at how Coppola drew from Roman history, political allegory, and his own singular vision to shape the world of *Megalopolis*.

Also opening wide, *In Whose Name?* by Nicolas Ballesteros launches on about 1,000 screens in partnership with AMC, Regal, and Cinemark. Ballesteros began filming Kanye West, now known as Ye, at age 18 just after high school. Over six years and thousands of hours of footage, the documentary follows West through a storm of music, fashion, and faith—covering his bipolar diagnosis, collapsing marriage to Kim Kardashian, sponsorship losses, and growing public backlash over his polarizing billion-dollar brand and persona. The film is produced by ASMI Entertainment, with Simran A. Singh producing and Nick Jarjour and Amy A. Singh executive producing.

Magnolia Pictures opens *Plainclothes*, the Special Jury Award winner for Ensemble Cast at its Sundance premiere, at the IFC Center in NYC. Writer-director Carmen Emmi and cast members Tom Blyth and Russell Tovey will participate in Q&As throughout the weekend.

Set in Syracuse in the 1990s, the film stars Blyth as a police officer tasked with arresting men in public bathrooms. He becomes entangled with one of his targets (Tovey) in a story that blends love, self-discovery, and nostalgia for a time before smartphones and dating apps. *Plainclothes* currently holds an 83% rating on Rotten Tomatoes from 46 reviews.

Vietnamese audiences are flocking to *Lat Mat 8: Vong Tay Nang* (“The 8th installment”), a domestic hit that has earned $8.8 million and ranks among the top five highest-grossing films in Vietnam this year, following record-breaking advance ticket sales and opening at number one at the local box office.

Set against the golden sand dunes of Ninh Thuan province, the film explores family strife when a son’s dream to follow his own path of dance conflicts with his father’s wishes. The franchise marks its 10-year anniversary with this latest entry. Director Ly Hai’s previous film, *Face Off 7: One Wish*, is Vietnam’s third highest-grossing film of all time.

Blue Fox Entertainment opens the sci-fi family adventure *Xeno* on 306 screens. Written and directed by Matthew Loren, and produced by Kevin Hart and his company Hartbeat in association with Tabooma, the film follows a teenage outsider who forms a powerful bond with a terrifying alien after a chance encounter in the desert. This adventure questions the nature of good and evil. The cast includes Lulu Wilson, Omari Hardwick, Trae Romano, Wrenn Schmidt, Paul Schneider, and Garrett van der Leun.

Film Movement releases *My Sunshine*, a coming-of-age drama written and directed by Hiroshi Okuyama, at the Quad Cinema in NYC. Premiering at Cannes 2024, the film follows young Takuya on the Japanese island of Hokkaido during winter. A self-described worst player on his ice hockey team, Takuya becomes captivated by figure skaters on the same rink, especially rising star Sakura from Tokyo.

Music Box Films opens *The Summer Book*, director Charlie McDowell’s film adaptation of Tove Jansson’s novel of the same name, starring Glenn Close, at the Angelika Film Center in NYC. The meditative portrayal of grief and intergenerational bonds between nine-year-old Sophia and her grandmother premiered last year at BFI London and continued screening at AFI Film Festival, Santa Barbara International Film Festival, and the Miami Film Festival.

The distributor’s second release is *Code 3*, which follows Maya (Singh), a 30-year-old software engineer from a conservative Indian family. By day, she works on a teen-focused app; by night, she moonlights as a high school substitute teacher. When unexpectedly assigned to teach sex education, despite having never had sex herself, chaos and comedy ensue. The film premiered at SXSW 2024.

In genre-bending territory, a melancholic sci-fi romance directed by Messina, who previously collaborated with Paolo Sorrentino on the Oscar-winning *The Great Beauty*, premiered in competition at the 2024 Berlin Film Festival.

Level 33 debuts *Queen of Manhattan*, a biopic on legendary Latin adult film icon Vanessa Del Rio, opening at 20+ AMC theaters. Written and directed by Thomas Mignone, the film is set against the backdrop of organized crime-controlled Times Square in the 1970s and 80s. Starring Esai Morales, it explores Del Rio’s groundbreaking career spanning over 21 years and 200 films, alongside her activism advocating for sex workers’ rights. The film premiered in 2022 at the Dances With Films festival.

This weekend’s indie slate offers a diverse collection of documentaries, dramas, comedies, and genre films, providing something compelling for cinephiles as summer winds down. Stay tuned for upcoming screenings and expand your cinematic horizons with these remarkable titles.
https://deadline.com/2025/09/indie-films-opening-chain-reactions-texas-chainsaw-massacre-1236549621/

business, football, health, sports

Wolves secure new deal for striker Jorgen Strand Larsen: Details

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**Wolves Secure New Deal for Striker Jørgen Strand Larsen**

*By Rajdeep Saha | September 19, 2025, 6:17 PM*

Wolverhampton Wanderers (Wolves) have secured the future of their star striker, Jørgen Strand Larsen, by signing a new contract extension that will keep the Norwegian international at the club until 2030. The deal also includes an option for an additional year, further strengthening Wolves’ long-term plans.

### Career Progression and Recent Developments

Strand Larsen’s new contract comes just three months after his permanent transfer to Wolves. The striker initially joined the club on loan from Celta Vigo last season, making an immediate impact by scoring 14 goals. His impressive performances played a key role in helping Wolves avoid relegation, as they finished 16th in the Premier League.

This summer, Newcastle United made two bids for the striker—initially £50 million, followed by an increased offer of £55 million. However, both bids were rejected by Wolves, underscoring the club’s intent to keep their key forward.

### Current Status and Injury Update

Following his permanent signing for £23 million, Strand Larsen has started the season strongly, netting two goals in the EFL Cup victory over West Ham. Unfortunately, he has been sidelined for the last two games due to an Achilles injury. As Wolves prepare to face Leeds United this Saturday, the club remains hopeful that Strand Larsen will recover in time to boost their attacking options.

### Strand Larsen’s Statistics at Wolves

– **Premier League Appearances:** 37
– **Goals:** 14
– **Assists:** 4
– **All Competitions Appearances:** 41
– **Goals in All Competitions:** 16
– **Current Season:** 3 games, 2 goals

Jørgen Strand Larsen continues to be a vital part of Wolves’ squad, and with his new long-term contract, the club looks to build its future around the talented Norwegian striker.
https://www.newsbytesapp.com/news/sports/wolves-see-strand-larsen-sign-a-new-deal/story

business, economy, international relations, politics, trade

Canada launching CUSMA review consultation Friday, LeBlanc says

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Dominic LeBlanc announces that consultations on the Canada-United States-Mexico Agreement (CUSMA) will begin this Friday, ahead of a planned review of the North American trade pact next year. The Canadian trade minister stated that Ottawa will engage with provinces, territories, industry representatives, and workers in preparation for formal negotiations with the United States and Mexico scheduled for 2026.

An exemption for CUSMA-compliant goods has so far shielded much of Canada’s trade from U.S. President Donald Trump’s tariff war. However, sectoral duties remain in effect in industries such as steel, aluminum, automotive, and softwood lumber.

LeBlanc noted that while Ottawa would be open to signing a broader deal with the U.S. should Washington propose terms beneficial to Canada, his immediate priority is addressing the existing sectoral tariffs.

Meanwhile, Carney and Sheinbaum emphasized that the upcoming trade agreement will complement CUSMA, strengthening cooperation among the three countries.

*With files from Craig Lord in Ottawa*
https://globalnews.ca/news/11436583/canada-launching-cusma-review-consultation/

business, consumer, finance, stocks, technology

Wall Street ticks higher as shares in FedEx jump

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US stocks have opened slightly higher as investors showed confidence in the market.

Buying activity was particularly strong in the technology and consumer discretionary sectors, driving gains in these areas.

This positive momentum reflects growing optimism among investors about the economic outlook and corporate earnings.
https://thewest.com.au/business/markets/wall-street-ticks-higher-as-shares-in-fedex-jump-c-20080056

business, development, education, events, government

UP International Trade Show 2025: CM Yuva Yojana To Be Major Attraction, MoU With 27 Institutions On September 27

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Lucknow, September 19: To provide new opportunities and platforms to the youth, the state government is now taking the CM YUVA Yojana forward on a larger scale. In this series, the CM YUVA Yojana will remain the main attraction at the UP International Trade Show (UPITS-2025), to be held at India Expo Mart, Greater Noida, from September 25 to 29.

### MoU Signing With Leading Institutions

Through the ambitious plan of Chief Minister Yogi Adityanath, initiatives are being taken to connect the youth of the state with innovative projects, franchise models, and technology-based business ideas. During the event, on September 27, an MoU will be signed between CM YUVA and 27 leading educational institutions.

Along with this, 150 special stalls will be set up in Hall No. 18A, where new business models from various fields will be showcased. Students, youth fellows, university representatives, and people from various industries across the state will participate in this exhibition, offering young people opportunities to learn, connect, and advance towards entrepreneurship.

### Educational Institutions To Join Hands

CM YUVA Yojana’s nodal officer and Joint Commissioner of Industries, Sarveshwar Shukla, said, “The main objective of this MoU is to directly connect the state’s educational institutions with the CM YUVA Yojana. The MoU will directly benefit final-year students and alumni of the institutions, who will get an opportunity to be part of innovative projects.”

He added, “The initiative will not only inspire youth towards entrepreneurship but also play an important role in realizing the state government’s vision of startups and innovation.”

MoUs under the CM YUVA Yojana are being signed with leading institutions such as Galgotia University, GL Bajaj, Chaudhary Charan Singh University (Meerut), Ajay Kumar Garg University, Sharda University, Amity University, and ABES. Students and faculty from these institutions will actively participate in the exhibition, giving youth direct exposure to industry and a chance to explore new opportunities.

### District-Level Participation And Outreach

The state government has instructed CM YUVA fellows from all 75 districts to take part in the exhibition. They have been tasked with collecting data and contact details from each stall, as well as promoting these brands in their respective districts.

In addition, students and officials from colleges in Saharanpur, Meerut, Agra, and Aligarh divisions will also be part of this exhibition. This effort aims to provide youth with a direct opportunity to connect with innovation and entrepreneurship.

### Digital Campaign And Registrations

A digital media campaign has already been launched to promote the program. A large number of youth have registered online so far.

For this purpose, a special website, [conclave.cmyuva.org.in](https://conclave.cmyuva.org.in), has been created, through which interested youth can obtain detailed information about the scheme and register online to visit UPITS.

The campaign is rapidly gaining popularity among youth on social media platforms, further boosting engagement and outreach.
https://www.freepressjournal.in/india/up-international-trade-show-2025-cm-yuva-yojana-to-be-major-attraction-mou-with-27-institutions-on-september-27

business, international expansion, manufacturing, retail, technology

Apple renews lease, expands office space in Mumbai’s BKC

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**Apple Renews Lease, Expands Office Space in Mumbai’s BKC**

*By Akash Pandey | Sep 19, 2025, 01:31 PM*

**Overview**

Tech giant Apple has renewed and expanded its office lease at Maker Maxity, a prominent commercial tower located in Mumbai’s Bandra-Kurla Complex (BKC). This move underscores Apple’s growing business operations in India and its commitment to strengthening its presence in the country’s financial capital.

**Lease Expansion Details**

Apple now occupies five floors at Maker Maxity. The renewed lease covers office units on the 5th, 6th, 7th, and 8th floors of the building. Additionally, the company has signed a new lease agreement for the entire 10th floor, including the terrace area.

In total, Apple’s leased area in the building has expanded to 37,549 square feet across these five floors.

**Rental Agreement and Terms**

According to the lease agreement, Apple will pay a monthly rent of ₹2.55 crore starting June 2026. This rate translates to ₹660 per square foot per month. The lease term is set for 55 months with an annual rental escalation of 4%.

Apple has also paid a security deposit of ₹22.76 crore to the lessor, Agni Commex LLP, as part of the deal.

**Strategic Growth in India**

Apple’s expansion in Mumbai is part of its broader strategy to increase its footprint in India. Over the past two years, the company has opened two company-owned retail stores in Mumbai and Delhi.

In line with its global supply-chain diversification strategy, Apple has also been strengthening manufacturing partnerships within the country.

**Growing Presence Across India**

Beyond Mumbai and Delhi, Apple recently launched a third exclusive retail store in Bengaluru and plans to open additional outlets in Pune, Noida, and Borivali.

On the corporate front, the company maintains a large office in Bengaluru, has leased over 64,000 square feet in Hyderabad, and operates offices in Gurugram and Mumbai.

—

Apple’s lease renewal and expansion at Maker Maxity signify the company’s continued confidence and long-term commitment to the Indian market as it deepens its operational and retail footprint across the country.
https://www.newsbytesapp.com/news/business/apple-strengthens-mumbai-presence-with-lease-renewal-new-floor/story