India, May 30 -- Apple is set to open its third retail store in India at Bengaluru's Phoenix Mall of Asia, according to a report by Business Standard. The store will span approximately 8,000 square feet and is expected to follow the company's growing strategy in India, despite rising geopolitical friction between Apple and former US President Donald Trump.

The upcoming Apple Store will be located on the first floor of the Phoenix Mall of Asia in Hebbal, Bengaluru. Its size is comparable to Apple's Delhi store but significantly smaller than the flagship Mumbai location, which spans more than 20,800 square feet.

As per the leasing arrangement, Apple has signed a 10-year lease and will pay rent along with a revenue-sharing component. For t...