Apple's India sales jump 33% to near $8 billion last year, Bloomberg News reports
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FILE PHOTO: A man stands inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India, April 17, 2023. REUTERS/Francis Mascarenhas/File Photo
(Reuters) -Apple's India sales jumped 33% to a record of almost $8 billion in the year through March, Bloomberg News reported on Monday, citing a person familiar with the matter.
Apple's iPhones accounted for more than half of the sales, the report said.
The company did not immediately respond to a Reuters request for comment.
In April, Bloomberg News reported that Apple has assembled $14 billion worth of iPhones in India last fiscal year, and makes as much as 14% of its marquee devices from India.
Most iPhones made in India are produced at the Sriperumbudur plant, about 25 miles west of Tamil Nadu's state capital Chennai.
(Reporting by Nilutpal Timsina in Bengaluru; Editing by Savio D'Souza)
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