Overview
- Apple exceeded $10 billion in annual sales in India, a figure reported on Tuesday that covers the 12 months through March and marks double‑digit year‑on‑year revenue growth from about $9 billion.
- The bulk of that revenue came from iPhone sales while iPad and Mac purchases also increased, reflecting more customers buying into Apple’s device ecosystem.
- Apple has expanded its retail footprint to six official stores and increased local production so about one in four iPhones are now assembled in India to serve both local demand and export markets.
- New Indian policy moves such as tariff exemptions for some components and extended tax breaks have helped local manufacturing even as a roughly 10% rupee decline and higher local taxes keep device prices in India above U.S. levels.
- The milestone strengthens Apple’s plan to diversify supply chains away from China, supports more exports from Indian factories, and keeps pressure on Apple to use financing, trade‑ins and bank partnerships to keep its products affordable for Indian buyers.