Apple now makes 1 in 5 iPhones in India. 2021: 1% made in India 2023: 7% 2024: 14% 2025: 20%

China's smartphone production share may drop to 55% by 2026 from 64% in 2024 due to tariffs, while India's share could rise from 18% to 25-28%, per Counterpoint Research. #MakeinIndia business-standard.com/industry/news/…

Even more interestingly, the outstanding figure in the infographic is woefully out of date. The number is 98% today: pib.gov.in/PressReleasePa…

My latest article in Swarajya

Insightful article by Suraj India’s PPP GDP Growth: Is This The Most Underrated Part Of Its Economic Story? swarajyamag.com/economy/indias… via Swarajya

"Union Minister Ashwini Vaishnaw has said that electronics manufacturing in India has grown fivefold in the last six years, with the total value crossing Rs 11 lakh crore. The electronic exports have also seen a sixfold increase over the last decade and now exceed Rs 3.25 lakh

Good to see that extensive work done with Karan Bhasin & Tirtha Das of IIMB has now been vindicated, verified, & supported by World Bank-It has been lonely journey on results countering the nattering nabobs of negativism & brickbats on our research-from both within the Modi

Apple aims to source all US iPhones from India in pivot away from China. ft.com/content/c2be45… Tech giant plans to shift assembly as soon as next year in response to Donald Trump’s trade war.

This also has a direct bearing on the unrepresentative nature of the UNDPs HDI data for India, which conveniently picks up this trough: x.com/surajbrf/statu…

Apple sells around 220-230 million iPhones globally each year. The US accounts for about 35-40% of those sales. This means a minimum of 77-80 million iPhones made in India by 2026. In reality this number will be larger as Apple also produces for the local market plus exports to

Industrial-trade policy works. The reason Apple is trying to shift all US iPhone production to India by end-2026 is because PLI plus moderate targeted tariffs had set up a nascent ecosystem already over the last few years and India is already 2nd biggest producer of smartphones.

India lifted 171 mn people from extreme poverty between 2011-23: World Bank business-standard.com/economy/news/i…

Foxconn more than doubled its India revenue to over $20 billion in FY 2024-25, driven by iPhone production. Its workforce grew 65% to 80,000. #MakeinIndia m.economictimes.com/tech/technolog…

"India’s dependence on regional hubs such as Colombo to send and receive container cargo has ended with Prime Minister Narendra Modi officially inaugurating a container transhipment port build by Adani Ports and Special Economic Zone Ltd (APSEZ) with an investment of Rs 8,686

Whoa! India blows the doors off its record for exports to the U.S. in March- $11.2b, first time it has crossed $10b. Almost 50% higher than the 12 month average. Total bilateral goods trade also sets a record- around $15b for the month. census.gov/foreign-trade/…

A Tale Of Two Countries Over half a century India has faced conflict with Pakistan on multiple occasions. Amongst these, quality economic data is available since about the late 1960s. This data presents an interesting picture of relative capabilities and development levels.

The statement in this article about TN, Karnataka, UP and Gujarat catching up with Pakistan’s GDP by 2030 appears to have been conservative - the first of them is already there. That makes two Indian states that are larger economies - Maharashtra being the other.

This data also demonstrates a fact about colonial rule - the form of resource extraction that existed at the time. Defenders of colonial rule point out to how it resulted in India being able to obtain railways, automobiles and other goods. That is an example of reality being

I am happy to see this analysis. Honest experts across the political spectrum will come around to accept India's historic achievement in poverty eradication. The analysis below is accurate & consistent with our own findings reported earlier. There are, however, two small quibbles

🚨 UPI is inching closer to surpassing global payments giant Visa's daily transaction volume. (Moneycontrol)