Apple’s India Sales Hit New High In FY24 Amid Increased Manufacturing, Premiumisation Trend | Markets News
New Delhi: As China and Vietnam falter amid India’s push for domestic manufacturing owing to the production-linked incentive (PLI) scheme, tech giant Apple saw a robust around $8 billion in sales in the country in the last fiscal (FY24)–a nearly 33 percent rise (year-on-year). According to sources, most of the growth was driven by iPhones […]