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Apple's India sales jump 33% to near $8 billion last year

Apple's iPhones accounted for more than half of the sales, the report said.

Published on: Jul 15, 2024, 13:23:32 IST
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Apple's India sales jumped 33% to a record of almost $8 billion in the year through March, Bloomberg News reported on Monday, citing a person familiar with the matter.

Apple logo is seen in this illustration. (Reuters)
Apple logo is seen in this illustration. (Reuters)

Apple's iPhones accounted for more than half of the sales, the report said.

The company did not immediately respond to a Reuters request for comment.

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In April, Bloomberg News reported that Apple has assembled $14 billion worth of iPhones in India last fiscal year, and makes as much as 14% of its marquee devices from India.

Most iPhones made in India are produced at the Sriperumbudur plant, about 25 miles west of Tamil Nadu's state capital Chennai.

 
Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
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