Overview

• Revenue in India rose about 13% in the 12 months through March to nearly $9 billion, according to Bloomberg’s reporting based on a person familiar with the figures.
• Apple opened two new stores this week in Bengaluru and Pune, with additional outlets planned in Noida and Mumbai as it builds out a wider retail network.
• iPhones drove the bulk of sales and MacBook demand rose, while iPhones hold roughly 7% of India’s smartphone market, per Counterpoint Research.
• About one in five iPhones is now produced in India and output has expanded across five factories, with Bloomberg reporting India’s growing role supplying U.S.-bound devices.
• To offset premium local pricing, Apple is using student offers, trade‑ins and bank credit‑card rebates, and industry reporting suggests all four iPhone 17 models may be manufactured in India.