Apple generated over 1 lakh direct jobs in India in 2 years: MoS
1 year, 8 months ago

Apple generated over 1 lakh direct jobs in India in 2 years: MoS

India TV News  

The Apple ecosystem in India has generated over one lakh new direct jobs in manufacturing in the last two years, Minister of State, Electronics and IT, Rajeev Chandrashekhar, said on Tuesday. "Propelled by Prime Minister @narendramodi's visionary PLI scheme @Apple ecosystem has generated over one lakh new direct jobs in manufacturing over the last 24 months," the minister tweeted. Backed by Apple, India's overall smartphone exports also crossed $10 billion for the first time in a financial year. Apple began manufacturing iPhones in India in 2017, and since then, the company has worked with suppliers to assemble new iPhone models and produce a growing number of components.

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History of this topic

India-made iPhones breach $10 billion milestone, reveals IT Minister Ashwini Vaishnaw
3 weeks, 6 days ago

India-made iPhones breach $10 billion milestone, reveals IT Minister Ashwini Vaishnaw

Firstpost  

The PLI scheme continues to play a pivotal role in attracting global tech giants like Apple to India, bolstering the country’s position as a key player in the global electronics manufacturing ecosystem Apple’s expansion in India shows no signs of slowing down. Image Credit: Firstpost | Mehul Reuben Das India’s iPhone production has hit a remarkable milestone, surpassing $10 billion …

Government to offer USD 500 crore incentive to further localise smartphone production
1 month ago

Government to offer USD 500 crore incentive to further localise smartphone production

India TV News  

India is planning to offer significant financial incentives, up to USD 500 crore, to encourage companies to produce parts locally for a variety of electronic devices, including mobile phones and laptops. Over the past six years, India’s production of electronics has more than doubled, reaching approximately USD 11,500 crore in 2024. India has set an ambitious goal to increase its …

Apple India revenue rises 36% to ₹67,122 crore in FY24, driven by iPhone sales
1 month ago

Apple India revenue rises 36% to ₹67,122 crore in FY24, driven by iPhone sales

Live Mint  

Apple India reported a revenue of ₹67,121.6 crore for the financial year ended March 2024, up 36% from a year earlier, driven by higher iPhone sales. For FY25, iPhones are expected to generate nearly $11 billion in sales for Apple India with Mac, iPad, wearables and services likely to bring in another $4-6 billion and setting the company on road …

Apple’s record 4 million unit sales helps tech giant post its largest quarter growth in India
1 month, 1 week ago

Apple’s record 4 million unit sales helps tech giant post its largest quarter growth in India

Firstpost  

The Indian smartphone market overall grew by 5.6 per cent year-over-year, marking its fifth consecutive quarter of positive growth. While Apple made headlines with its impressive numbers, Vivo maintained its position as the market leader, holding 15.8 per cent of the total market share The premium smartphone segment, comprising devices priced between $600 and $800, witnessed the most significant growth, …

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue
1 month, 1 week ago

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue

Firstpost  

Apple’s production increase hinges on the policies of US President Donald Trump, who has repeatedly expressed his intent to impose steep tariffs, between 60-100 per cent, on goods imported from China If Apple implements these plans, India’s share of global iPhone production could rise to over 26 per cent, a substantial jump from the current 12-14 per cent. The Economic …

Samsung, OnePlus woes threaten premium smartphone growth in India
1 month, 1 week ago

Samsung, OnePlus woes threaten premium smartphone growth in India

Live Mint  

NEW DELHI : India’s premium smartphones market witnessed a surprisingly muted festive period as buyers deferred purchases citing lack of innovation, according to retailers and distributors. Read this | Diwali smartphone sales revive budget phones—for now “Samsung’s premium devices saw a clear downturn in demand from buyers during the festive period, even though it did strongly in the budget 5G …

Apple's India Expansion: A Strategic Shift Away from China
1 month, 3 weeks ago

Apple's India Expansion: A Strategic Shift Away from China

Firstpost  

Apple's expansion of its manufacturing base in India has gained significant attention, with the tech giant exporting nearly $6 billion worth of iPhones between April and September 2024. This represents a one-third increase in value compared to the same period last year, setting Apple on track to exceed $10 billion in exports by the end of the fiscal year. The …

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging
Trending News
1 month, 3 weeks ago

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging

Firstpost  

India's mobile manufacturing industry is gaining global attention, thanks to the Make in India initiative. Big companies like Samsung and Apple are setting up large factories in the country, making India the world's second-largest exporter of mobile phones. With Samsung's mega factory in Noida and Apple moving some iPhone production to Tamil Nadu, India is becoming a key player in …

iPhone 16 to be cheaper? Apple training workers to produce models in India
4 months ago

iPhone 16 to be cheaper? Apple training workers to produce models in India

Hindustan Times  

Apple has begun training thousands of workers at its Tamil Nadu factory to produce iPhone 16 Pro and Pro Max, Bloomberg News reported citing people in the know. The company plans to assemble its premium Pro and Pro Max models of the upcoming iPhone 16 series in India for the first time through partner Foxconn. The 'new product introduction' process …

Apple fastest growing firm in India over the last 50 years, ​contributes 14 per cent to tech giant’s total production
4 months, 1 week ago

Apple fastest growing firm in India over the last 50 years, ​contributes 14 per cent to tech giant’s total production

Firstpost  

India’s role in Apple’s global production has grown substantially. This growth not only highlights Apple’s expanding influence in India but also marks it as the largest global value chain operating within the country, surpassing other multinational corporations. According to a recent Economic Survey, India now contributes approximately 14 per cent to Apple’s total production, a sharp increase from the 7 …

Economic Survey 2023-24: 14% of global iPhones made in India in FY24, country's electronics export rank up
5 months ago

Economic Survey 2023-24: 14% of global iPhones made in India in FY24, country's electronics export rank up

The Hindu  

US smartphone major Apple assembled 14% of global iPhones in India in FY24 and the country's ranking in global electronics export improved by four positions, Economic Survey 2023-24 said on July 22. "Apple assembled $14 billion worth of iPhones in India during FY'24, constituting 14% of its global iPhone production," the Economic Survey said citing third-party data. The survey recorded …

Apple exports iPhones worth over Rs 16,500 crore in April-May from India
6 months, 1 week ago

Apple exports iPhones worth over Rs 16,500 crore in April-May from India

India TV News  

Apple has reportedly achieved a significant milestone of exporting the ‘made in India’ iPhones which was worth more than Rs 16,500 crore in the first 2 months of the ongoing financial year. FY24 success and record production Apple has concluded FY24 with a substantial iPhone production value of around USD 14 billion in India. Strengthening domestic manufacturing Highlighting India’s growing …

India emerged as the most preferred market for tech giants: Apple CEO Tim Cook
7 months, 2 weeks ago

India emerged as the most preferred market for tech giants: Apple CEO Tim Cook

Deccan Chronicle  

New Delhi: India has become a key market for global tech giants, with a burgeoning developer base attracting significant attention. Tim Cook, CEO of Apple, expressed his contentment with India's growing developer community, underlining Apple's holistic approach covering everything from developer support to market strategies and operational efficiency. MoS Electronics and Technology, Rajeev Chandrasekhar tweeted that the CEO of Apple, …

Record breaking Q2 growth in India: Apple
7 months, 2 weeks ago

Record breaking Q2 growth in India: Apple

The Hindu  

Apple witnessed significant growth in India and the country remains a “major focus” said Apple Inc CEO Tim Cook. ‘’In terms of the operational side or supply chain side, we are producing there, from a pragmatic point of view, you need to produce there to be competitive,’‘ he said referring to India. In another India-involved call-out during the Q2 earnings, …

Here's what Tim Cook said after seeing Apple's growth in March quater in India
7 months, 3 weeks ago

Here's what Tim Cook said after seeing Apple's growth in March quater in India

India TV News  

During an analyst call announcing its fiscal 2024 second quarter results with revenue of $90.8 billion, Apple's CEO, Tim Cook, shared that the company experienced strong double-digit growth in India in the March quarter. Cook said that the company is continuing to expand its channels and also working on the developer ecosystem in India as well. Cook said that the …

Apple planning to launch stores in New Delhi, Noida, Bengaluru and Pune: Report
8 months ago

Apple planning to launch stores in New Delhi, Noida, Bengaluru and Pune: Report

Hindustan Times  

Apple is in advanced talks to open stores in shopping malls in Noida, the National Capital Region, Bengaluru, and Pune, it was reported. According to The Economic Times, two Apple stores in India in New Delhi and Mumbai, inaugurated in April last year, completed one year in India and reported a sales revenue of 190-210 crore. Customers often visit Apple …

Apple Stores in India emerge as global high performers as sales fly: Report
8 months ago

Apple Stores in India emerge as global high performers as sales fly: Report

Hindustan Times  

Apple has been raising its game in India ever since it faced a host of negative issues in its top manufacturing base, which is China, during the Covid-19 pandemic. While that is the case regarding the manufacturing arena, Apple has gone ahead and even opened physical stores in India last year - two of them actually, and that too in …

Hiring now! Apple may create 500,000 jobs in India
8 months ago

Hiring now! Apple may create 500,000 jobs in India

Hindustan Times  

Apple has been trying to diversify its manufacturing base away from China after facing huge difficulties during the Covid-19 pandemic when the production of iPhone and other gadgets came under intense pressure. It has been reported that Apple, via its vendors, may create over 500,000 jobs in India over the next three years, news agency PTI reported quoting government sources. …

Apple set to scale up production India, employ 5 lakh people in next 3 years
8 months ago

Apple set to scale up production India, employ 5 lakh people in next 3 years

Live Mint  

iPhone maker Apple is set to scale up its production in India through vendors and is expected to employ around 5 lakh employees from the country in the next three years, the sources from the government revealed on Sunday. The fresh plans around hiring will be a significant boost from the current level of 1.5 lakh Apple employees in India, …

Apple shows the way for electronics exports
8 months, 1 week ago

Apple shows the way for electronics exports

Hindustan Times  

At $10 billion in FY24, exports of India-assembled iPhones have doubled from the previous fiscal. While the iPhone instance is evidence of policies such as the PLI for smartphones working, India must do more to convince the world that it has the makings of a preferred China+1 destination for electronics exports. At present, the world may seem more inclined towards …

Apple to move half of its supply chain from China to India, employ 5 lakh people in 3 years
8 months, 1 week ago

Apple to move half of its supply chain from China to India, employ 5 lakh people in 3 years

Firstpost  

Apple and its ecosystem has directly created 1,50,000 jobs in India and an additional 3,00,000 jobs when we consider indirect jobs. As Apple plans to move half of its supply chain to India from China, Apple plans to create 5,00,000 direct jobs Apple, who have already created 1,50,00 direct jobs through its ecosystem, plans to employ about 5,00,000 people in …

Apple's major milestone: Company now makes 1 in 7 iPhones in India as output hits $14 billion
8 months, 2 weeks ago

Apple's major milestone: Company now makes 1 in 7 iPhones in India as output hits $14 billion

Hindustan Times  

Apple increased its iPhone production in India as the company assembled $14 billion worth of iPhones in fiscal 2024, Bloomberg reported. Foxconn and Pegatron, two major Taiwanese manufacturers, played a significant role in boosting Apple's production output in India. China is the largest iPhone-making hub in the world but Apple is ramping up iPhone production in India as it strategically …

Apple Ecosystem Generated More Than 1.5 Lakh Jobs, Under PLI, Since 2021, In India: Report
8 months, 3 weeks ago

Apple Ecosystem Generated More Than 1.5 Lakh Jobs, Under PLI, Since 2021, In India: Report

ABP News  

Since the introduction of the government's production-linked incentive scheme for smartphones in August 2021, the Apple ecosystem has directly provided employment to more than 150,000 individuals, said a new report by The Economic Times on Monday. Moreover, the rapidly expanding Apple supplier ecosystem has led to the creation of over 70,000 new direct jobs. This comes days after Union Minister …

Apple produces over Rs. 1 lakh crore worth of iPhones under PLI scheme: Rajeev Chandrasekhar
9 months ago

Apple produces over Rs. 1 lakh crore worth of iPhones under PLI scheme: Rajeev Chandrasekhar

India TV News  

Union Minister of State for Electronics and IT Rajeev Chandrasekhar on Friday announced that the production-linked incentive scheme is scaling new heights every day on production, exports, and jobs. He also said that Apple has produced over Rs 1 lakh crore worth of iPhones in 11 months of FY 24 under the PLI scheme. “PM @narendramodi ji's visionary PLI Scheme …

Apple tops India smartphone revenue in 2023, nears $10 bn mark
10 months, 3 weeks ago

Apple tops India smartphone revenue in 2023, nears $10 bn mark

Live Mint  

Apple is projected to have pipped Samsung for the top spot in terms of revenue with almost one-third of Samsung’s total shipment volume—while Apple is said to have shipped just over 10 million iPhones last year, Samsung shipped over 27.3 million to capture 18% of the market. iPhone-maker Apple marked 2023 as the first year when it topped the smartphone …

All that you need to know about Apple's new 15-storey office in Bengaluru
11 months, 1 week ago

All that you need to know about Apple's new 15-storey office in Bengaluru

Hindustan Times  

Tech giant Apple has expanded its footprint in India with a new 15-storey office in the heart of Bengaluru that will house up to 1200 employees. Apple's new office in Bengaluru is the latest addition to the company’s corporate office footprint in Bengaluru, Mumbai, Hyderabad, and Gurugram. The new Apple India office is located at Minsk Square in the center …

Apple's 'Made in India' iPhones contribute to Rs 65,000 crore in exports in 2023
11 months, 2 weeks ago

Apple's 'Made in India' iPhones contribute to Rs 65,000 crore in exports in 2023

India TV News  

Apple has reportedly assembled the new iPhones which are worth more than Rs 1 lakh crore in India in 2023, as India doubles the down on local manufacturing. Riding on the local manufacturing growth, mobile phone exports from the country have surpassed USD 9 billion from April to November in the current fiscal year, as per the India Cellular and …

CoWIN Breach, Apple Alerts: What Was It Like Living in Digital India in 2023?
11 months, 3 weeks ago

CoWIN Breach, Apple Alerts: What Was It Like Living in Digital India in 2023?

The Quint  

Flip-flop on laptop, tablet imports: Initially, the central government placed imports of laptops, tablets, all-in-one personal computers, and ultra-small form factor computers, and servers under the ‘restricted’ category, making their imports permissible only under a valid licence. Apple retail stores in India: In April, CEO Tim Cook made his way to India to launch the first Apple retail stores in …

Apple warns India against EU-like USB-C rules for iPhones, says move will hit local production targets
1 year ago

Apple warns India against EU-like USB-C rules for iPhones, says move will hit local production targets

Firstpost  

The Indian government has been considering making USB-C ports the standard charging port for phones and personal devices, just like the EU. However, Apple is lobbying the government to not implement such a policy, saying that it will interfere with their local production targets Apple has informed the Indian government about potential disruptions to its local production targets if New …

Apple warns India's EU-style charger rules will hit local production target
1 year ago

Apple warns India's EU-style charger rules will hit local production target

Live Mint  

NEW DELHI : Apple has told India that its local production targets will be hit if New Delhi follows the European Union and requires existing iPhones to have universal charging ports, a government document shows as the US tech giant lobbies for an exemption or delay. In a closed-door meeting on November 28 chaired by India's IT ministry, Apple asked …

Smartphone manufacturing: How 'Make in India' is marking a difference
1 year, 1 month ago

Smartphone manufacturing: How 'Make in India' is marking a difference

Firstpost  

The decisions by the likes of Apple, Foxconn and Micron to either expand or establish their India presence could not have come at a better time As India is looking to become the third largest economy in the world in the coming years, cutting-edge technologies across 5G/6G, satellite communication and semiconductors will contribute towards this growth. More than 90 per …

Tata To Make iPhones For Global Markets In India, Acquires Wistron's India Operations
1 year, 1 month ago

Tata To Make iPhones For Global Markets In India, Acquires Wistron's India Operations

News 18  

Tata Group will start making Apple iPhones in India to be exported to global markets across the world within a span of two and a half years. Rajeev Chandrasekhar, India’s Minister of State for Electronics and Information Technology, lauded Prime Minister Narendra Modi’s PLI scheme and said, “within just two and a half years, Tata Companies will now start making …

Tata Group to manufacture Apple iPhones for both Indian and global markets, confirms Rajeev Chandrasekhar
1 year, 1 month ago

Tata Group to manufacture Apple iPhones for both Indian and global markets, confirms Rajeev Chandrasekhar

India TV News  

Rajeev Chandrasekhar, India's Minister of State for Information Technology, announced on Friday that Tata Group will be responsible for manufacturing Apple iPhones in both domestic and international markets. "@GoI_MeitY stands fully in support in growth of Global Indian Electronics companies that will in turn support global Electronic brands that want to make India their trusted manufacturing & talent partner and …

India emerges as second-largest global hub for mobile phone manufacturing
1 year, 2 months ago

India emerges as second-largest global hub for mobile phone manufacturing

India TV News  

India has risen to become the world's second-largest manufacturing hub for mobile phones, largely attributed to significant investments from original equipment manufacturers, original design manufacturers, and companies specializing in mobile components and parts, according to a recent report. This development is a significant boost to India's "Make in India" initiative, with recent data from government and industry sources revealing mobile …

Apple to scale up production over 5 times in India to USD 40 billion in five years
1 year, 3 months ago

Apple to scale up production over 5 times in India to USD 40 billion in five years

India TV News  

iPhone maker Apple has plans to scale up production in India by over five-fold to around USD 40 billion in the next 4-5 years, according to government sources. "Apple has plans to increase production in India to over USD 40 billion in the next 4-5 years. The company globally sold iPhones worth USD 191 billion and products worth USD 38.36 …

Is Apple planning to debut 'Make in India' iPhones globally on launch day?
1 year, 3 months ago

Is Apple planning to debut 'Make in India' iPhones globally on launch day?

India TV News  

Apple is poised to launch the 'Make in India' version of the iPhone 15 on the very first day of its global sales, not only within India but also for export to select international markets, as per the sources. In August 2023, Apple's manufacturer, Foxconn, expedited local production of the next-gen iPhone 15 at its facility in Sriperumbudur, Tamil Nadu, …

Apple's 'Made in India' iPhone 15 to hit stores worldwide together
1 year, 3 months ago

Apple's 'Made in India' iPhone 15 to hit stores worldwide together

India TV News  

In a significant move, Apple is gearing up to release its upcoming 'Made in India' iPhone 15 in India almost simultaneously with its worldwide launch, set for September 12, according to sources cited by the Economic Times. This move is expected to align India's release date more closely with the global launch, thanks to the high level of interest and …

Make in India: Dell, HP, Foxconn, and others in line for state aid in production
1 year, 3 months ago

Make in India: Dell, HP, Foxconn, and others in line for state aid in production

Live Mint  

Amid central government's push to make a manufacturing hub for the world, its financial incentive plan to boost local production is receiving good response. Indian Premier Narendra Modi’s $2.1 billion financial incentive plan — a bid to boost local production of technology hardware such as laptops, personal computers, tablets and servers — has received an overwhelming industry response, Tech Minister …

Apple ramps up iPhone 15 production in India
1 year, 4 months ago

Apple ramps up iPhone 15 production in India

The Hindu  

iPhone 15 production is underway and Apple is working on manufacturing a significant share of the devices in India. The iPhone 15 is being produced in Tamil Nadu in a bid to reduce the disparity between Apple’s India operations and its primary manufacturing base in China, as per a report by Bloomberg. The report mentions that Apple’s Foxconn Technology Group …

Apple Supplier Foxconn Begins iPhone 15 Production in India
1 year, 4 months ago

Apple Supplier Foxconn Begins iPhone 15 Production in India

Deccan Chronicle  

Apple Inc.’s next-generation iPhone 15 is beginning production in Tamil Nadu, in an effort to further narrow the gap between its India operations and main manufacturing base in China. “Apple’s increased production in India will lead to more of its supply chain moving to the country,” said Shilpi Jain, a senior analyst at Counterpoint Research. Other Apple suppliers in India …

Mobile manufacturing exceeds 2 billion units through 'Make in India' initiative: Report
1 year, 4 months ago

Mobile manufacturing exceeds 2 billion units through 'Make in India' initiative: Report

India TV News  

'Make in India' mobile phone shipments crossed the 2-billion cumulative units mark during 2014-2022, registering a 23 per cent Compound annual growth rate, the latest research showed on Monday. "Local value addition in India currently stands at an average of more than 15 per cent, compared to the low single digits eight years ago," he informed. "Going forward, we may …

Apple achieves June quarter record in India with strong iPhone sales, says Tim Cook iPhone
1 year, 4 months ago

Apple achieves June quarter record in India with strong iPhone sales, says Tim Cook iPhone

India TV News  

Apple's CEO Tim Cook announced that the company achieved record-breaking June quarter results in India, driven by strong iPhone sales. Apple's local manufacturing also achieved record-breaking success, with iPhone exports reaching Rs 10,000 crore in May, contributing to total mobile shipments of Rs 12,000 crore that month. Luca Maestri, Apple's CFO, highlighted an all-time revenue record for iPhone in India …

Apple’s ‘Dil Maange More’: Wants to increase global iPhone production in India to 18% by 2025
1 year, 6 months ago

Apple’s ‘Dil Maange More’: Wants to increase global iPhone production in India to 18% by 2025

Firstpost  

It seems that Apple wants to place some big bets on its Indian factories, and the local, Indian companies that it has partnered up with. The tech giant wants to increase India’s share in the global production of iPhones from 7% to 18% by 2025 Apple is really pushing to increase its organic presence in India. Apple recognises India’s emerging …

Apple Likely To Shift 18 Per Cent Of iPhone Production In India By FY25: Bank Of America
1 year, 6 months ago

Apple Likely To Shift 18 Per Cent Of iPhone Production In India By FY25: Bank Of America

ABP News  

US tech giant Apple may shift over 18 per cent of its global production of iPhones to India by 2024-25 on the back of the government’s production-linked incentive scheme for mobile phones, Bank of America said in a report. India's share in global iPhone production in FY23 stood at 7 per cent. According to the BoFA report the Rs 38,000-crore …

Apple to open 3 more retail stores in India by 2027: Report
1 year, 6 months ago

Apple to open 3 more retail stores in India by 2027: Report

Hindustan Times  

Apple, which opened its first 2 exclusive India retail stores in April, with CEO Tim Cook himself inaugurating the outlets in financial capital Mumbai and national capital Delhi, respectively, is planning to open 3 more shops in the country by 2027, with the move coming as part of a larger expansion plan. Apple BKC store launch: Tim Cook, chief executive …

Apple likely to open 3 more exclusive stores in India: Check out locations, launch timeline, and other details
1 year, 6 months ago

Apple likely to open 3 more exclusive stores in India: Check out locations, launch timeline, and other details

India Today  

Apple is said to open 3 more exclusive offline stores in India. Apple said to open 3 more exclusive stores in India: List of locations, launch timeline The cited source claims that Apple will launch 3 more exclusive stores at different locations in India. The fourth Apple store in India is being proposed to open in 2026 and this one …

Apple India Records Rs 50 Crore In Sales Thanks To New Store Launches In Mumbai And Delhi
1 year, 6 months ago

Apple India Records Rs 50 Crore In Sales Thanks To New Store Launches In Mumbai And Delhi

News 18  

Apple India has reportedly made around Rs 50 crore in sales thanks to the new store launches in Mumbai and Delhi. The report from ET quoting sources say that both the Mumbai and Delhi Apple stores have garnered big sale openings in just a few weeks since they were opened to customers in the country. The report says that both …

Apple's India stores pay ₹40 lakh rent, record ₹25 cr monthly sales: Report
1 year, 6 months ago

Apple's India stores pay ₹40 lakh rent, record ₹25 cr monthly sales: Report

Hindustan Times  

Apple’s first stores in India, at Mumbai and Delhi, have grossed monthly sales of around ₹22 - ₹25 crore each, the Economic Times reported on Thursday. The sales record establishes Apple BKC and Saket as the biggest electronics stores in India in terms of revenue, just weeks after their grand launch. Mumbai vs Delhi store Although Apple Saket is smaller …

Taiwan-based Foxconn to start manufacturing iPhones in Bengaluru by April 2024
1 year, 6 months ago

Taiwan-based Foxconn to start manufacturing iPhones in Bengaluru by April 2024

India Today  

Foxconn, the Taiwanese multinational electronics contract manufacturer, is planning to start manufacturing iPhones at its proposed Devanahalli plant in Bengaluru by April 2024, Karnataka Minister for Large and Medium Industries MB Patil said. Karnataka will hand over the required land to the company by July 1 to facilitate the production, Patil said. The Taiwan-based company has paid 30% of the …

Apple stores in Mumbai and Delhi earn 50 crore a month via sales, higher than other electronics stores
1 year, 6 months ago

Apple stores in Mumbai and Delhi earn 50 crore a month via sales, higher than other electronics stores

India Today  

It seems that Apple launching its two exclusive stores in Mumbai and Delhi worked greatly in its favour. The stores in Mumbai and Delhi are each earning 22-25 crore a month via the sales, two industry executives who are aware of the details told Economic Times. "The two company-owned Apple Stores in India are setting new benchmarks in terms of …

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