Apple Is Now India's Fastest-Growing Manufacturer In 50 Years: Report

  • last month
This story was originally published on the Benzinga India portal.

Apple's Indian venture has reportedly crossed the $20 billion revenue threshold in India in just three years of starting manufacturing in the country. Apple's business in India has experienced a significant upswing, exceeding $23 billion (₹2 lakh crore) in FY24, reported Economic Times. This was an increase from ₹1.15 lakh crore ($13.7 billion) clocked in the previous year. This is the highest manufacturing growth by a company in India in the last 50 years.

Category

🗞
News
Transcript
00:30.

Recommended

1:04
I
Up next
Here's Why Tech Stocks May Lead The Way Into The End Of The Year
Benzinga
0:49
Hurricane Francine Approaches Louisiana Coast With Category 2 Storm Potential, Local Oil Refineries Cut Production
Benzinga
0:49
'They're Eating The Cats:' How Polymarket Traders Predicted Donald Trump's Bizarre Claim And The Pre-Debate Handshake
Benzinga
0:44
Nancy Pelosi Says Trump Lost To Kamala Harris And 'That's Why He Doesn't Want To Debate Again'
Benzinga
0:45
SpaceX Completes 1st-Ever Spacewalk By A Commercial Company As Part Of Polaris Dawn Mission
Benzinga
0:45
Apple's iPhone Production Move To India Signals Broader Tech Exodus From China, With Microsoft And Amazon Following Suit, Says Analyst
Benzinga
3:58
Apple's Glowtime Event Fails To Dazzle Fans, Has To Cough Up Multi-Billion Dollar Fine
Benzinga
0:43
Nvidia Slumps Nearly 5% In Premarket, Dragging Down Super Micro, Micron And Other Peers: What's Going On?
Benzinga
1:00
Nvidia Could Be Worth Nearly $50 Trillion In A Decade, Says Early Tesla, Amazon Investor: Nearly 2X That Of US Or 3X Of China's Current GDP
Benzinga
0:52
Tim Cook Sees China's Future Bright For Apple – Describes China As 'The Most Competitive In The World'
Benzinga
0:45
Nvidia Crosses $3T Market Cap: AI Darling Joins Ranks Of Apple, Microsoft, Closes At All-Time High
Benzinga
4:33
Stock to buy for long term investment | Oneindia News
Oneindia
2:53
Indian stock markets fell sharply.. Investors lost Rs. 13 lakh crore.. What is the reason?
Oneindia Tamil
2:44
Should you buy Apple stock? 3-minute analysis
Bullish Studio
4:56
Apple Earnings Highlights: Apple Shares Are Trading Lower After The Company Reported A Decline In iPhone, Mac And iPad Revenues
Benzinga
0:59
Apple Stock Will Outperform Nvidia Over The Next Year, Says Gene Munster: Investors Are 'Largely In Denial' About iPhone Maker's AI Opportunity
Benzinga
2:40
Should you buy Apple stock? (May 2023)
Bullish Studio
0:56
Tesla Stock Sheds $234B In 2024 So Far — Exceeds Market Cap Of McDonald's, Disney And Nike
Benzinga
0:56
Nvidia Stock Update (Part 1) #shorts
Bullish Studio
2:01
Why Apple's Glass Supplier Corning Shares Are Trading Higher Today
Benzinga
1:18
Apple shares drop after Loop Capital analyst Ananda Baruah downgrades Apple (NASDAQ:AAPL) from Buy to Hold and announces $180 price target - $AAPL
Benzinga
0:49
Apple 'May Be The Best Of All The Magnificent Seven From Now To Year-End,' Says Tech Investor Dan Niles
Benzinga
0:53
Apple, Alphabet's Google Forced To Cough Up Multi-Billion Dollars In Fines As Top EU Court Rules Against Tech Giants
Benzinga
3:07
India’s locally made mobile phones cross 2 billion mark | Independence Day 2023 | Oneindia News
Oneindia
1:15
Cathie Wood's Ark Goes Chip-Stock Shopping Ahead Of AMD Earnings, Adds More Of Warren Buffett-Backed Chinese EV Play
Benzinga