Apple Inc's iPhone production in India crossed $70 billion in FOB value over FY22–FY26, with exports alone touching $50 billion — a resounding vindication of India's PLI scheme and a direct answer to those who question the country's manufacturing capabilities.
The Reserve Bank of India’s recent bulletin highlights a striking fact: Corporate profits have risen from about ₹2.5 trillion in FY21 to around ₹7.1 trillion in FY25