India's iPhone exports hit record 2 trillion rupees in 2025-26.

India’s iPhone exports hit a record Rs 2 trillion in fiscal year 2025-26, making them the country's top branded export and accounting for over 75% of total smartphone exports. This growth, driven by Apple's partnerships with local firms and the government's PLI scheme, highlights the success of the "Make in India" initiative. Additionally, Apple announced that John Ternus will succeed Tim Cook as CEO on September 1, 2026.