The top 5 cities of India made up about 60 per cent of the online smartphone sales in India.
For years, India has been a low priority for Apple as spending power is weaker than in China
It is expected growth will primarily be driven by continued demand from the US, a revival in the European market, especially continental Europe, and increased momentum in the adoption of new technologies.
Estimates suggest subsidy outgo on these proposals would be at least Rs 1,000 crore
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