Companies operating in India's Consumer Goods sector reported substantial growth in the quarter that ended December 31st, fueled by the stabilization of GST reforms and a strong Diwali holiday shopping season. Major Indian players such as Dabur, Marico, and Godrej Consumer Products (GCPL) report that the previous disruptions caused by...
iPhone 17 Drives Record-Breaking Quarter in India
Apple achieved arevenue record in India during the September quarter, contributing to its best quarterly worldwide sales of $102.5 billion. This marks the 14th consecutive record quarter for the company in India, in which it sold more iPhones in India than before—marking a steady rise in line with two new...
Starlink Accelerates Satellite Internet in India
Elon Musk’s satellite internet venture, Starlink, is making significant strides toward launching operations in India by laying the groundwork for terrestrial infrastructure. The company has begun discussions with key players across the data, telecom, and fiber sectors to build the ecosystem necessary for satellite connectivity. Among those in talks are...
Shein’s India Pivot Signals a Broader Global Manufacturing Shift
Fast-fashion giant Shein - the Singaporean online fashion retailer - is ramping up manufacturing in India, reflecting a strategy move as companies reassess supply chains amid ongoing trade tensions and logistical challenges. The shift is part of a broader trend, as industries from consumer tech to aerospace increasingly look beyond...
Apple Expands Retail Footprint in India
Apple is significantly expanding its retail presence across India with four new stores planned in key metropolitan areas. The Noida and Pune locations have already been confirmed, while Bangalore and Mumbai stores are in development. These new locations will complement Apple's existing stores and will strengthen the company's footprint in...
Apple To Move Most iPhone Assembly to India
Apple aims to import most U.S.-sold iPhones from India by the end of 2026, planning to double its annual Indian iPhone production to over 80 million units. For context, Apple assembled about 40 million iPhones in India in FY2025 and sells approximately 60 million iPhones annually in the U.S. This...