APPLE INDIA

Apple India is currently a prominent trending topic, driven by multiple significant developments in the Indian market. The company's iPhones are playing a crucial role in India's burgeoning smartphone export sector, with exports reaching $13.5 billion in the first half of FY26, marking a substantial 60% increase. This growth is further bolstered by Apple's expanding presence in the refurbished smartphone market, where its share is rapidly increasing, narrowing the gap with market leader Samsung and contributing to a 5% overall growth in this segment. In parallel, significant investments in local manufacturing capabilities are underway, evidenced by Tata Electronics' acquisition of Taiwan-based Justechs India's operations for $100 million, a move that will likely strengthen Apple's supply chain and production in India. Additionally, recent offers and discounts on the iPhone 15 series across major e-commerce platforms and retail stores in India are also contributing to consumer interest and sales.