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.
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.
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