Apple has recorded significant growth in India
In the 2023-2024 fiscal year, Apple’s revenue in India grew by 36%.
This growth is primarily driven by strong iPhone sales, with expected revenue reaching $11 billion in the upcoming fiscal year.
Apple earns over $68 billion annually from China, more than eight times its revenue from India. However, the continued expansion of Apple’s sales in India is helping to reduce its reliance on China.
The demand for Apple products in India also presents an opportunity to strengthen its position in Asia, offering competitive advantages.