Despite the robust growth in this country, Apple's India share in its overall global sales remained modest -- constituting 1.5 per cent of its overall turnover of $389 billion in FY23.
Hitesh Harisinghani/Rediff.com was present when Apple CEO Tim Cook opened India's first Apple store at the Bandra Kurla Complex, north west Mumbai, on Tuesday, April 18, 2023.
Apple chief executive Tim Cook on Wednesday met Prime Minister Narendra Modi as the iPhone manufacturer is looking to invest more in the world's second-largest smartphone market. Cook, on his first trip to India in seven years, opened Apple's first retail store in the country in Mumbai on Tuesday and will launch another in Delhi on Thursday. Looking to replicate what China did to Apple's business in the last 15 years, the tech giant is eyeing India's massive market with an expanding middle class to power sales growth, and potentially make it a home base for the production of millions of Apple devices.
'When a Project Director is appointed, the whole organization -- including the Chairman ISRO -- works for his success. It is a lesson that has been of abiding value all through the other projects I have worked on,' recalls the late President, one of the earliest pioneers at ISRO.
At a time when Apple delivered its flagship line of new products on schedule despite battling a year of supply-chain turmoil, India could account for at least 12 per cent of the free-on-board (FoB) value of Apple Inc's iPhones manufactured by its vendors globally by 2025-26 (FY26). The number represents a significant shift for the Cupertino-based company's over-dependence on China, where 95 per cent of its phones are still being made. India's growing importance can be seen from the fact that in 2021-22 (FY22) - the first year of the production-linked incentive (PLI) scheme (the scheme was extended by a year due to the pandemic) - the FoB value of iPhones made in the country was $1.75 billion, translating into less than 2 per cent of the global value.
Terrorism has to be fought at its root of origination. Today we are just removing cobwebs but not killing the spider, asserts counter-insurgency expert Brigadier Narender Kumar (retd).
The delay of the SE 2, billed as the cheapest iPhone and tentatively priced below Rs 40,000 in India, puts the brakes on the tech major's plans for a revival. With the supply chain at its largest manufacturer Foxconn in disarray, as it is struggling to operate in China because of the COVID-19 crisis, the postponement was inevitable.
iPhone sales have slowed and Samsung Galaxy S4 launch may further affect the company.
The SE is up against some sweet deals from China and South Korea, not to mention Apple's own XR.
Many corporate brands change their logos with time to keep pace with their changing business.
Unveiled this week, and getting launched on November 15, the Kindle Fire from Amazon is said to be a premium product at a non-premium price and is anointed as an iPad-killer. Here's how the two tablet PCs stack against each other, spec-by-spec.
Global and domestic manufacturers woo consumers with low-priced, feature-rich handsets.
Steve Jobs' resignation is biggest blow to Apple, which is at the peak of its success.
10 finest products from Apple that changed the definition of computers and technology in this sector.
Google launched Wallet in 2011.
When Apple CEO Steve Jobs introduced the company's latest tablet PC, the iPad, he might not have thought that a Canadian company is selling bust-enhancing bra inserts by the same name.
To promote localisation of manufacturing and reduce its import bill, the government increased basic customs duty on mobile handsets - from 10 per cent to 15 per cent.
Mushrooming app stores are offering a huge 70 per cent revenue to developers.
The BlackBerry Bold may look like an iPhone wannabe but Research In Motion won't give up any customers without a fight
Cook meets the 65-year old prime minister in New Delhi on Saturday, and will be hoping Modi's enthusiasm for phones can help Apple as it tries to bolster sales in India.
What will you do for the latest iPhone?
When Apple Computers wanted to unwire its mobile music player iPod,(make the iPod wireless headset compatible) the firm shopped around for the chip design and eventually located it at a little-known Bangalore-based firm called Impulsesoft.
Industry sources said all the iPhone 7 handsets shipped in had been sold out.
Plans a high-voltage relaunch of Note7, multi-media campaign before new iPhone launch
Once the darling of consumers, the April-June sales figure for Apple is a historic low. This has coincided with Chinese player OnePlus taking top spot in premium smartphones with a share of 40 per cent and Samsung slipping to second position at 34 per cent in April-June.
Cook's visit, following a trip to China, comes at a crucial time as Apple looks for new growth markets after posting its first ever decline in iPhone sales
Getting an assurance from the Apple CEO on manufacturing in India will mean much to the NDA government.
Anupam Pahuja, General Manager for Technology at PayPal Asia-Pacific in Singapore tells us what makes a successful start-up different from an average one.
HDFC Bank becomes first Indian lender to develop mobile banking app for Apple's latest offering in India.
Apple Watch is expected to be available for preview from April 10.
A faster processor and dual-lens camera make it a winner, says Abhik Sen.
The latest upgrades may leave some investors and consumers underwhelmed.
The Apple Watch may cost well over Rs 30,000 for the base model.
RIP headphone jack, hello Super Mario Bros. Welcome, beautiful!
The new iPhone siblings will be available in India about a week before Diwali, the country's biggest festival.
Alnoor Peermohamed reports on Apple's two-faced strategy to grow its base in India without compromising on premiumness.
Apple still has a request pending for a sales ban against newer Samsung phones in that proceeding.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances