Apple's Sales in India Soar to $8 Billion Amidst Record Growth
Apple reported $8 billion in yearly revenue from India for the financial year 2023-2024. This represents a 33% increase from last year's $6 billion.
The iPhone has been the top seller accounting for more than half of all sales. Apple has been producing iPhones at its Sriperumbudur factory in India. This has helped meet local demand and supported the 'Make in India' effort.
Apple's expansion in India reflects an increasing number of tech businesses investing in India. The growing and increasing use of digital technology is a major factor. Apple has expanded its retail shops, upgraded its app ecosystem and created items specifically for Indian customers.
Apple plans to continue investing in manufacturing and partnerships in India. As technology usage expands, Apple expects greater success in the country.
This sales growth demonstrates Apple's strong commitment to India. It also shows India's role in the global technology sector. Apple's strategy in India is an excellent example of how to succeed in complicated markets.
