Apple's Impressive Growth in Indian Market Revealed

Monday, 15 July 2024, 07:26

The latest report from Bloomberg News highlights Apple's remarkable success in India, with a significant 33% increase in sales reaching close to $8 billion last year. iPhones were the primary contributor to this growth, constituting over half of Apple's sales. Notably, Apple's production in India has also seen substantial progress, with approximately 14% of its flagship devices now being made in the country, including a significant portion from the Sriperumbudur plant near Chennai.
Yahoo Finance
Apple's Impressive Growth in Indian Market Revealed

Apple's India Sales Surge

The recent report from Bloomberg News unveils the impressive growth of Apple's sales in India by 33% to nearly $8 billion.

iPhone Dominance

Apple's iPhones accounted for more than half of the total sales, emphasizing the strong market presence of the flagship devices.

Local Production

About 14% of Apple's key devices are now manufactured in India, with a significant portion coming from the Sriperumbudur plant near Chennai.

  • Key Point: Apple's expansion in the Indian market signals a strategic shift towards local production and a significant sales increase.
  • Conclusion: The surge in Apple's sales showcases the growing importance of the Indian market for the tech giant.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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