Apple's Booming Business in India: Growth Unmatched

Surge in iPhone Manufacturing and Domestic Sales

Apple's business in India has witnessed an extraordinary upswing, with its revenue exceeding 23 billion. The company's growth in production and exports has been the fastest among all firms in India over the past five decades.

Domestic Success

Apple has experienced a surge in iPhone manufacturing in India. Domestic sales of MacBooks, iMacs, iPads, and Watches have also contributed significantly to the company's growth.

iPhone Production

Apple now manufactures up to 14% of its iPhones in India, demonstrating the company's accelerated presence in the country.

Top Supplier Growth

Foxconn and Wistron, two of Apple's key suppliers, have emerged as the fastest-growing manufacturers in India.

Revenue Milestone

Apple's annual sales in India have skyrocketed to nearly 8 billion, highlighting the country's expanding role in the company's growth strategy.

Conclusion

Apple's business in India continues to thrive, fueled by increasing production, domestic sales, and a supportive business environment. The company's commitment to the Indian market is evident, and its success is a testament to the country's growing economic power.