INDIA MARKET LENS
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Apple’s India Business Hits Rs 1 Lakh Crore Milestone As iPhone Demand Grows

· NDTV Profit

Apple’s India business grew faster in FY26 even as the smartphone market slowed, helped by a shift to premium phones. Here’s how its numbers compare with Samsung’s.

Period
FY26

Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.

  • This is a market-wide development — its reach goes beyond any single stock.