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Apple has reportedly informed its component suppliers that it prefers to procure batteries for the upcoming iPhone 16 from Indian factories. The move aligns with Apple s increasing focus on manufacturing operations in India, marking a shift from its heavy reliance on China. Apple currently holds a 5% share of sales in India s market, which could double next year.
The sectors like electronics, value-added agri products, renewable energy items like solar panels and modules, and electric vehicles would help in taking the country s goods and services exports to $2 trillion by 2030.
New Delhi: The Indian e-commerce export sector has the potential to touch $200 billion in next six to seven years, a top government official said on Friday