The country saw the arrival of 1.87 lakh smartwatches in the third quarter, registering 28 percent QoQ growth and 93 percent YoY growth.

When the first Apple iPhone hit the market in 2007, not everyone was convinced it would supplant the flip-phone. When Google's Android software system arrived a year later, the Blackberry still seemed to have bright future. But with the iPhone 4 in 2010, featuring a high-resolution display, sleek design and front-facing camera, our collective fate was sealed.

The brand took a big leap with capturing 17 percent market share - its highest-ever -- in the third quarter (July-September period) this year.

Thrust on manufacturing high-end iPhones locally along with the first-ever flagship retail store would give Apple a booster in the price-sensitive smartphone market in 2020.