Apple’s long-term bet on India is beginning to pay dividends. The company’s iPhone revenue in India jumped 42% year-on-year in 2023 to $8.7 billion, Morgan Stanley wrote in a note on Friday. The iPhone shipments in India grew 39% year-on-ye…
Apple’s warnings in late October that Indian journalists and opposition figures may have been targeted by state-sponsored attacks prompted a forceful counterattack from Prime Minister Narendra Modi’s government. Officials publicly doubted A…
The India-made iPhone is projected to account for 12% to 14% of Apple’s global iPhone shipments in 2023, according to a leading analyst, who further anticipates that the importance of the South Asian market to Apple will notably rise in the comin…
Tata Group will start making iPhones in India for the local and global markets, India’s Deputy IT Minister Rajeev Chandrasekhar announced on Friday, moments after Wistron’s board approved the sale of Taiwanese firm’s plant in the sout…
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. W…
Apple has extended support for NavIC to some of the new iPhone 15 models, seemingly complying with New Delhi’s push to adopt India’s home-grown alternative to the GPS navigation system. On the tech specs page of the iPhone 15 Pro and the iP…
When Apple begins selling the iPhone 15 models in India next week, it will supposedly be offering units that were locally assembled in the country. Apple, like every other smartphone maker, is increasingly turning India into a global hub for manufactur…
Apple removed several predatory lending apps from the App Store in India this week, days after users and media questioned the legitimacy of those services. Pocket Kash, White Kash, Golden Kash, and OK Rupee are among the apps that Apple pulled from the store this week. The apps offered fast-track lending to consumers in India,…
Apple plans to engage with NPCI and other authorities in India in the coming weeks for the launch of its payments service Apple Pay in the South Asian market, according to two people familiar with the matter, eyeing an entrance into a crowded space that is dominated by Walmart’s PhonePe, Google’s GPay and Paytm. The…
The Internet and Mobile Association of India, an influential tech industry body, has appointed Dream Sports co-founder and chief executive Harsh Jain as the new chairperson of the association, bucking the tradition of giving the top roles to Big Tech executives after receiving criticism from many Indian startups. Rajesh Magow, co-founder and group chief executive…
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