Apple and other multinational electronics businesses are likely to reap the benefits of India’s plan to extend tax breaks for foreign corporations that sell machinery and equipment to contract manufacturers until 2041. To encourage investments in export-oriented industry and provide long-term policy certainty, the idea is part of draft tax reforms. This year’s Union Budget […]
Apple’s iPhone exports from India surpassed $50 billion under the smartphone production-linked incentive (PLI) scheme by December 2025, with $16 billion in exports during the first nine months of FY26. Apple’s figure is significantly higher than Samsung’s $17 billion during its PLI eligibility from FY21 to FY25. The company operates five assembly plants in India, […]
Apple on Monday previewed iOS 26 at its flagship developer conference here, a major update that brings a beautiful new design, intelligent experiences, and improvements to the apps users rely on every day. The new design provides a more expressive and delightful experience across the system while maintaining the instant familiarity of iOS. With iOS […]
