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✦Reported by Economic Times

Apple reports ₹650 crore India software revenue in FY26

Apple reports ₹650 crore India software revenue in FY26
Source: Economic Times

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Apple Operations India generated ₹650 crore in software revenue during FY26.
  • ✓The company’s total revenue crossed ₹1,400 crore, showing massive growth from the previous year.
  • ✓Expert Mohit Yadav said, "These transactions suggest Apple may be positioning Apple Operations India as a major global engineering and support hub" for the firm.

Story at a Glance

Category
BUSINESS
Reported By
Economic Times
Reading Speed
2 Minute(s)
Market Focus
India Economy

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.

Kolkata: Apple has begun reporting revenue from software development in the country, generating ₹650 crore in FY26 through its recently established subsidiary Apple Operations India as the US major expands into technology research and development and global support operations beyond its local manufacturing footprint.

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