Apple has set new annual sales in India, with its second main iPhone manufacturing base generating a record $10 billion in sales despite currency and tax challenges.
Apple Borivali in Mumbai’s new Sky City Mall — image credit: Apple
India serves as Apple’s second base of iPhone production alongside China, as part of the wider supply chain. While Apple has been building up its production capacity in India, it’s also been increasing sales there, too.
According to a Tuesday Bloomberg report, Apple has exceeded $10 billion in annual sales in India over the last fiscal year. It eclipses the $9 billion annual revenue that was reported in September 2025.