Apple reports ₹650 crore India software revenue in FY26
Reported by Economic Times Industry, not nibnow. We are not the publisher of this story, only the source is.
Apple's India software revenue reaching ₹650 crore and overall earnings more than doubling signals the company's growing reliance on the country for engineering and support, which could affect its global product development and supply chain.
Apple Operations India generated a revenue of ₹650 crore in FY26 through software development and global support initiatives. The company's total revenue from various activities exceeded ₹1,400 crore, a significant increase from the previous year. Manufacturing support revenue nearly doubled, indicating a restructuring of Apple's operations in India. This growth suggests that Apple is positioning its Indian subsidiary as a major global engineering hub.
Apple Operations India handles software development, global support, and manufacturing assistance for the multinational, and expanding its engineering footprint in India is part of a broader trend of tech firms diversifying production beyond traditional hubs.
- •Future quarterly reports for updates on India's contribution to Apple's global revenue
- •Announcements of additional investment or facility expansions in India
- •Potential partnerships with local tech firms or universities to bolster engineering capabilities