India Apple third-largest market by 2026 consumer growth

India is set to become the third-largest market for Apple by 2026, showcasing the tech giant’s growing reliance on India’s consumer base. This development underscores India’s rising prominence in the global technology market and Apple’s strategic efforts to expand its footprint in the region.
According to industry reports, Apple has witnessed remarkable growth in India, driven by increasing demand for iPhones, iPads, and other apple products. The company’s focus on manufacturing in India, coupled with government incentives under the “Make in India” initiative, has bolstered its position.
Apple’s recent retail store launches in Mumbai and Delhi have further strengthened its market presence. These flagship outlets not only cater to high-end consumers but also showcase the brand’s commitment to India. Analysts predict that Apple’s sales in the country could double over the next three years.

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Apple’s CEO, Tim Cook, has reiterated the importance of India, highlighting its vast potential for both sales and manufacturing. “India represents an incredible opportunity for Apple, and we are committed to deepening our investment here,” Cook stated during a recent earnings call.
With India’s smartphone market set to expand further, Apple is likely to ramp up its local production capabilities. Partnerships with suppliers and contract manufacturers like Foxconn and Wistron are central to this strategy.

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