New Delhi: Apple iPhone shipments noticed a 68 p.c (year-on-year) development in India within the first half of 2023, pushed by the iPhone 14 and iPhone 13 sequence. In the second quarter (April-June interval) alone, there was a powerful development uptick in Apple iPhone shipments and the corporate registered a stupendous 70 p.c development in shipments within the nation, in accordance o information supplied by CyberMedia Research (CMR).
Alongside, Apple iPad posted a modest 6 p.c year-over-year development, pushed by shopper want for productiveness and leisure on-the-go, and at dwelling.
Apple is well-positioned to capitalise available on the market demand and keep its constructive momentum in India and is prone to garner a 7 p.c market share in 2023, in line with CMR.
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“We continue to see strong momentum for Apple in India. In Q2 2023, there was a strong growth uptick in Apple iPhone shipments driven by the Apple iPhone 14 series and iPhone 13 series,” Prabhu Ram, Head – Industry Intelligence Group, CMR, informed IANS.
Buoyed by pleasant authorities insurance policies and a production-linked incentive (PLI) scheme, India is ready to cross Rs 1,20,000 crore in cell exports within the present fiscal 12 months (FY24), pushed by tech big Apple, in line with the India Cellular and Electronics Association (ICEA) information.
Amid this stupendous development in cell exports, Apple’s share is ready to exceed 50 p.c in FY24. In May, iPhone exports reached a document Rs 10,000 crore, pushing the whole cell shipments from the nation to Rs 12,000 crore.
The development within the Indian smartphone business has been primarily pushed by the Apple ecosystem, which alone grossed a document $5 billion in exports from India in FY23.
Source: zeenews.india.com
