India, Oct. 9 -- May 2023: A month after visiting India to open the tech giant's first store in the country, Apple CEO Tim Cook tells analysts: "India is at a tipping point".

More than two years later, Cook's bullishness seems to have paid off handsomely. Apple reportedly earned a record high $9 Bn from India in FY25, marking a 13% year-on-year (YoY) increase.

While Apple's 'Make In India' push is well-publicised and increasingly involves more locally manufactured components, the revenue growth is a vindication of Apple's slow-burn strategy.

Overall, the company's exports of iPhones from India rose 76% and stood at INR 1.50 Lakh Cr (free on board value) in FY25. Cook also claimed that India delivered record revenue in the April-June qu...