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Apple commits to 'invest across the board' in India, eyes retail push beyond metros

CFO Kevan Parekh flags multi-year India bet as iPhone revenue hits $57B globally on 22% YoY growth. Six Apple stores now live, with App Store billings at ₹44,500 crore. Next wave targets tier-2/3 cities beyond Mumbai, Delhi, Bengaluru, Pune, Noida and Chennai.

Apple commits to multi-year India investment, targeting retail expansion into tier-2/3 cities as iPhone revenue hits $57B on 22% YoY growth.

Hindustan Times · Business · 5/29/2026, 6:24:29 AM · Ask about this →

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