iPhone production reaches $10 bn in India in April-Oct

iPhone production reaches $10 bn in India in April-Oct

Riding on the Indian government’s production-linked incentive (PLI) scheme, Apple’s iPhone production in the country has reached $10 billion in the seven months of this fiscal (FY25), with $7 billion in exports alone which is a record, the Centre said on Monday. The tech giant manufactured/assembled $14 billion of iPhones in India last fiscal (FY24), […]

India’s growth story remains intact, real GDP likely to grow at 7.2 pc in FY 2024 -2025

India’s growth story remains intact, real GDP likely to grow at 7.2 pc in FY 2024 -2025

India’s growth story remains intact as its fundamental drivers – consumption and investment demand – are gaining momentum, the Reserve Bank of India Governor Shaktikanta Das has stressed, adding that the country is likely to see real GDP growth at 7.2 per cent for FY 2024-25. Prospects of private consumption, the mainstay of aggregate demand, […]