Apple India operations cross over Rs 2 lakh crore, driven by iPhone production growth

Apple’s India operations reached a value of over Rs 2 lakh crore ($23.5 billion) in the fiscal year 2024, says a report by the Economic Times. This marks a substantial increase from the previous year’s Rs 1.15 lakh crore. The growth is attributed to increased iPhone production and domestic sales of MacBooks, iMacs, iPads, Watches and AirPods.