To WisdomTree's CIO Jeremy Schwartz, India shines as an investment powerhouse with undeniable dominance in emerging markets and strong equity market performance, fueled by population growth and economic prowess.
This story was first published on the Benzinga India portal. In response to mounting geopolitical tensions, Apple Inc. (NASDAQ: AAPL) has boosted its iPhone production in India, reaching an impressive $14 billion in the last fiscal year. This surge signifies a doubling of the tech giant's output, underscoring a strategic move to lessen its reliance on China. Apple's production escalation implies that now, nearly 14% of the company's flagship phones, or approximately one in seven, originate from