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Revenue for the financial year ended March 2026 rose from nearly $9 billion a year earlier, driven mainly by demand for iPhones, Mac computers and services. The increase came as Apple widened its company-owned retail network, expanded financing options and deepened distribution beyond the largest metropolitan centres.

The performance marks a sharp acceleration from the roughly $8 billion recorded in the year ended March 2024. It also underlines Apple’s ability to gain ground in a price-sensitive market where devices using Google’s Android operating system account for the overwhelming majority of smartphone sales.

The iPhone remained Apple’s largest source of revenue in the country. Sales were supported by premiumisation in the smartphone market, trade-in programmes and instalment plans that reduced the upfront cost of devices. Older iPhone models also continued to attract buyers after price reductions following new product launches.

Apple does not disclose country-level sales in its global financial statements. The India figure reflects sales booked through its local operation and may include products distributed through company stores, online channels, authorised resellers and large electronics chains.

The company now operates six physical stores across Mumbai, Delhi, Bengaluru, Pune and Noida. Its latest outlet opened in Borivali, Mumbai, in February, adding to Apple BKC, Apple Saket, Apple Hebbal, Apple Koregaon Park and Apple Noida.

Further retail expansion is being prepared, including another store in Bengaluru. Apple has also been recruiting specialists, technical staff and customer-support employees for multiple locations, indicating that its direct-sales presence will continue to grow.

Company-owned stores offer Apple greater control over pricing, product presentation and after-sales support. They also provide space for training sessions, product demonstrations and technical services, helping the group build customer loyalty in a market where many purchases have traditionally been made through third-party retailers.

The Apple Store online, launched in 2020, remains an important part of the company’s strategy. It allows customers across the country to access trade-ins, custom Mac configurations, education pricing and direct delivery, including in cities without a physical Apple outlet.

Apple’s sales expansion has coincided with a substantial increase in local manufacturing. Contract manufacturers Foxconn and Tata Electronics have raised iPhone assembly capacity, while suppliers are expanding component operations to support a broader production ecosystem.

The country is expected to account for about a quarter of global iPhone production during 2026. Apple has also been working to supply a larger share of devices sold in the United States from factories operated by its partners in the country, reducing dependence on China.

The manufacturing network includes operations in Tamil Nadu and Karnataka, with further investment planned in assembly, enclosures, display components and semiconductor-related infrastructure. The expansion is being supported by production incentives and proposed tax concessions for foreign companies supplying equipment to contract manufacturers.

Authorities have proposed extending exemptions covering machinery provided to electronics producers until 2041. The measures are designed to reduce tax uncertainty for global suppliers and encourage longer-term investment in mobile phones, laptops, tablets and wearable devices.

Local production has helped Apple avoid some import duties and improve product availability. However, the company still relies heavily on components sourced from abroad, and manufacturing costs can remain higher than in China because of logistics, tariffs and a less developed supplier base.

India delivered another record quarter for Apple during the three months ended June. Mac sales reached an all-time high in the country, while demand for iPhones and other devices continued to expand.

Globally, Apple reported revenue of $109.42 billion for its fiscal third quarter, up 16 per cent from a year earlier. iPhone revenue climbed 22 per cent to $54.25 billion, while Mac revenue advanced 29 per cent to $10.35 billion.

Despite its growth, Apple remains a relatively small player by unit volume in the country’s smartphone market. Its share is considerably stronger in the premium category, where consumers are showing greater willingness to spend on high-end devices, financing plans and connected services.

From Thailand–Canada Collaboration to Industrial-Scale Deployment

TCMA announced progress in its strategic Thailand–Canada partnership under the project “Decarbonization of the Cement and Concrete Sectors in Thailand.” As part of the initiative, a Mobile Carbon Capture Unit (MCCU) has been deployed in Thailand for the first time to test the technology’s performance in real industrial conditions within the cement sector.

The deployment of the MCCU marks a significant step in strengthening technological readiness for carbon capture—one of the key solutions for high-emission industries such as cement—while supporting the Thailand 2050 Net Zero Cement and Concrete Roadmap.

Dr. Chana Poomee, Honourary Chairman of TCMA and President of the ASEAN Federation of Cement Manufacturers (AFCM), stated that the project reflects Thailand’s strong commitment to driving industry toward Net Zero through international collaboration. TCMA serves as a central platform linking industry, government, academia, and global organizations to develop practical carbon reduction solutions.

“The transition to Net Zero for hard-to-abate sectors such as cement cannot be achieved in isolation. It requires policy support from the government, as well as international collaboration in technology, finance, and knowledge transfer to accelerate real-world implementation,” Dr. Chana said.

Connecting Technology and Investment Through Global Collaboration

The project is funded by the Government of Canada through Environment and Climate Change Canada (ECCC), with the United Nations Industrial Development Organization (UNIDO) serving as the implementing agency. The initiative aims to develop a technology and innovation ecosystem for decarbonizing Thailand’s cement and concrete industries.

Ms. Richelle Bourgouin, Deputy Minister of Trade and Export Development, Saskatchewan, Canada, noted that the collaboration highlights the power of integrating knowledge, technology, and innovation to support the transition toward a low-carbon economy.

“This partnership also opens opportunities to connect expertise in clean technology, research, and innovation between the two countries, enabling the development of practical solutions and fostering future trade and investment cooperation in Thailand and across ASEAN,” Ms. Richelle said.

A key outcome of the project is the deployment of the MCCU, developed by the Clean Energy Technologies Research Institute (CETRI) at the University of Regina, Canada. The unit will be tested in Thailand to evaluate its performance and applicability within the Thai cement industry.

“Saraburi Sandbox”: A PPP Model for Accelerating Low-Carbon Industry

Under the project, TCMA is collaborating with Chulalongkorn University to study and transfer knowledge on carbon capture technology while building human capacity. The MCCU will be rotated across cement plants operated by TCMA member companies in Saraburi province to test performance, collect technical data, and assess future investment pathways.

The “Saraburi Sandbox” serves as a Public-Private Partnership (PPP) platform, bringing together government, industry, academia, and international partners to pilot and scale carbon reduction technologies, while establishing investment models for a low-carbon economy.

The area is being developed as a prototype low-carbon city, integrating technology, infrastructure, standards, and investment frameworks to support Thailand’s long-term industrial transition.

Accelerating Readiness for a Low-Carbon Future

Dr. Chana emphasized that deploying the MCCU in Thailand represents an important step in enhancing technological and knowledge readiness, particularly in carbon capture technologies that are essential for industries facing significant decarbonization challenges.

Preparation must begin today, as the transition to Net Zero requires time for technological development, workforce readiness, and infrastructure buildout, alongside appropriate support mechanisms. This is especially important as global carbon measures—such as carbon pricing and emissions trading systems (ETS)—become increasingly stringent.

“The success of decarbonizing the cement industry depends on collaboration across all sectors to create an enabling ecosystem for investment and to accelerate the adoption of technologies at scale,” Dr. Chana said.

TCMA’s efforts not only reflect the Thai cement industry’s commitment to translating decarbonization plans into action, but also reinforce the importance of Thailand–Canada collaboration in advancing clean technologies and innovation in the industrial sector. This includes knowledge transfer, technology development, and expanding future investment partnerships.

This collaboration represents a key mechanism in laying the foundation for Thailand’s cement industry to remain competitive in a low-carbon economy, while accelerating progress toward Net Zero 2050 and strengthening Thailand’s role as a regional model for low-carbon industrial development in ASEAN.

Hashtag: #TCMA #สมาคมอุตสาหกรรมปูนซีเมนต์ไทย #CementActionToNetZero #CarbonCapture #MCCU #NetZero2050 #ไทยแคนาดา #ClimateTech #สระบุรีแซนด์บ็อกซ์

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By Nantoo Banerjee The U.S. President Donald Trump seems to be desperately looking for a graceful exit fast at least to save the U.S. partnership with the six-nation Gulf Cooperation Council (GCC) and also the massive financial cost of war. The financial cost of the Iran war already reached approximately $37.5 billion in direct Pentagon […]

The article US Security Umbrella Over Gulf States Is Crumbling appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Spotlighting Macao’s Emerging Medical and Wellness Sector

MACAU SAR – Media OutReach Newswire – 3 August 2026 – iRad Hospital, a premier medical and wellness facility launched by Melco Resorts & Entertainment and iRad Group, was recently featured in a July 2026 episode of CNN’s internationally broadcast program Meanwhile in Asia. The program discussed Macao’s efforts to diversify its economy beyond gaming, spotlighting its medical and wellness tourism sector.

During the episode, CNN examined how destinations across Asia are seeking new growth avenues, noting Macao’s strategic push to develop a niche in medical tourism. The feature included a visit to iRad Hospital, which opened within a luxury integrated resort environment, and highlighted its proposition of allowing visitors to incorporate health screenings and aesthetic treatments into their leisure or family stays.

Located at Melco’s Studio City, iRad Hospital is the world’s first and Macao’s only integrated resort hospital. In partnership with iRad, Melco is playing a leading role in advancing Macao’s medical tourism development by integrating healthcare and wellness services with its world-class Forbes Five-star spa portfolio. The initiative aligns with Macao’s broader economic diversification objectives and contributes to strengthening the city’s appeal to high-value international visitors beyond gaming.

iRad Hospital offers advanced diagnostic imaging, wellness and preventive care, aesthetic medicine, executive health screening, and dedicated medical concierge services. Through partnerships with leading hospitals and institutions in Hong Kong, the United States and Korea, the hospital provides visitors with access to expanded specialty medical resources and healthcare options.

Mr. Lawrence Ho, Chairman & CEO of Melco Resorts & Entertainment, said, “Macao’s next phase of development will be defined by quality, innovation, and diversification. As the leading integrated resort operator, we are committed to advancing the evolution of the integrated resort model beyond traditional hospitality—integrating culture, wellness, and high‑value services that strengthen the city’s long‑term competitiveness. Through initiatives such as iRad Hospital at Studio City, Melco is helping shape the development of integrated medical and wellness tourism and enhancing Macao’s visibility as a diversified international destination.”

Hashtag: #melco #iRadHospital #iRad #StudioCity #medicaltourism #wellness

https://www.melco-resorts.com
https://hk.linkedin.com/company/melco-resorts-entertainment
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https://www.facebook.com/MelcoCSR/
Wechat: 新濠博亚娱乐

The issuer is solely responsible for the content of this announcement.

About Melco Resorts & Entertainment Limited

The Company, with its American depositary shares listed on the Nasdaq Global Select Market (Nasdaq: MLCO), is a developer, owner and operator of integrated resort facilities in Asia and Europe. The Company currently operates City of Dreams (www.cityofdreamsmacau.com) and Altira Macau (www.altiramacau.com), integrated resorts located in Cotai and Taipa, Macau, respectively. In addition, the Company operates Studio City (www.studiocity-macau.com), a cinematically-themed integrated resort in Cotai, Macau. In the Philippines, the Company operates and manages City of Dreams Manila (www.cityofdreamsmanila.com), an integrated resort in the Entertainment City complex in Manila. In Europe, the Company operates City of Dreams Mediterranean, an integrated resort in Limassol, in the Republic of Cyprus (www.cityofdreamsmed.com.cy). In South Asia, the Company manages the Nüwa hotel at City of Dreams Sri Lanka (www.cityofdreamssrilanka.com), an integrated resort in Colombo, Sri Lanka. For more information about the Company, please visitwww.melco-resorts.com.

The Company is majority owned by Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited, which is in turn majority owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company.

About iRad – Hong Kong’s largest MRI diagnostic services provider

Established in 2006, iRad is a trusted leader in diagnostic radiology across Hong Kong. As at 2024, iRad was the largest MRI diagnostic services provider in Hong Kong by revenue and by the number of MRI scanners. Focused on delivering high-quality imaging services and exceptional patient care, the Group’s strong and extensive client base includes the Government of the Hong Kong SAR, as well as other high-profile medical groups, corporations, private doctors and NGOs. Meanwhile, iRad Hospital is the first and largest private medical imaging and examination service provider within an integrated resort in Macau, making iRad Group the first medical imaging group in the world to offer comprehensive private imaging and examination services, including MRI and CT services, to the integrated resort industry.

Just over half of respondents in a nationwide CVoter survey conducted last week said they were unhappy with the government’s response to leaks involving the national medical entrance examination. The controversy led to the invalidation of results affecting about two million candidates, disrupting admissions and intensifying scrutiny of the country’s testing system.

Disapproval extended into Modi’s political base. Among supporters of the Bharatiya Janata Party-led National Democratic Alliance, 40 per cent said the government had not handled the crisis well, while 44 per cent approved of its response. The narrow margin among governing-coalition voters suggests that the examination issue has cut across conventional political loyalties.

The findings present a political challenge for Modi, whose government has promoted education, skills and employment as pillars of its development agenda. Competitive examinations remain one of the principal routes to medical colleges, universities and secure public-sector employment, particularly for candidates from lower-income families.

The protests began after evidence emerged that questions from the medical entrance test had been leaked. The government subsequently annulled the results and organised another examination, requiring candidates to repeat months of preparation while families absorbed additional coaching, travel and accommodation costs.

Students and parents argued that cancellation alone did not address the failures that allowed confidential examination material to circulate. Many demanded criminal accountability, compensation for affected families, structural reform of the National Testing Agency and the resignation of education minister Dharmendra Pradhan.

The demonstrations expanded from education-related demands into a wider expression of frustration over youth unemployment, inequality and limited access to stable work. People below the age of 30 are three times more likely to be unemployed than the average citizen, adding economic pressure to a testing system already burdened by intense competition.

At least two dozen examinations have had their results cancelled because of leaks since 2014. The repeated disruptions have damaged confidence in a system through which millions compete for a limited number of medical seats and government positions.

The agitation was spearheaded by the Cockroach Janta Party, a youth movement whose satirical name was adopted after controversial remarks about unemployed young people. The organisation mobilised candidates, teachers and families through social media before drawing tens of thousands to demonstrations in New Delhi and other cities.

More than 50,000 people were estimated to have joined an attempted march towards Parliament on July 20. Police used batons and tear gas during confrontations with demonstrators, while authorities said officers were injured and maintained that crowd-control measures were necessary.

Images of injured students and allegations of excessive force broadened public sympathy for the campaign. Support came from opposition politicians, actors, educators and professional groups, although organisers sought to present the movement as independent of established political parties.

Pradhan resigned on July 25 after weeks of pressure, marking an unusual retreat by a government that has generally resisted demands for ministerial departures. Protesters celebrated the decision but maintained that changing the minister would have limited value without stronger oversight of examination bodies.

Modi later addressed young people through a video message, promising action against those responsible for paper leaks and saying students who participated in demonstrations should not face punishment. The government also agreed to consider compensation for families of candidates who died by suicide after examination-related disruptions.

Parliament has since debated tighter provisions under the law designed to prevent unfair practices in public examinations. Proposed changes include harsher penalties for organised groups, testing companies and individuals involved in obtaining or distributing examination papers, along with measures intended to accelerate trials.

The government has also announced a panel to review the examination system. Areas requiring attention include the security of question papers, the selection and supervision of testing centres, digital safeguards, grievance procedures and the accountability of private contractors.

Opposition parties have argued that legislation will be ineffective without independent investigations and administrative responsibility. Government representatives have countered that paper leaks have occurred under different parties and across several states, making institutional reform more important than partisan blame.

The survey indicates that the government’s measures have yet to restore public confidence. Even after the minister’s resignation and promises of tougher enforcement, dissatisfaction remains substantial among voters who normally support Modi’s coalition.

This trend reflects the growth of Event Tourism, or activity-based tourism, which is gaining popularity among a new generation of both Thai and international travellers. Events are not merely a reason to travel; they are also a starting point for sharing experiences with like-minded people, feeling the energy of a city at its liveliest and enriching the journey through food, culture, lifestyle, relaxation and memorable moments along the way.

Pattaya is one destination that clearly reflects this new travel trend. Once best known as a familiar seaside getaway near Bangkok, the city has now evolved into a vibrant year-round destination, with everything from sporting competitions, music festivals and beachfront activities to international lifestyle events such as Wonderfruit, Rolling Loud Thailand, the Pattaya International Fireworks Festival, Pattaya Music Festival, Honda LPGA Thailand and the Pattaya Marathon, as well as many other international events that continue to draw Thai and overseas travellers back at different times of the year.

This September, the 33rd Pattaya Marathon 2026, to be held on 26 and 27 September 2026, is another major event that reinforces Pattaya’s role as an Event Tourism city. This year, more than 40,000 runners and family members from various countries are expected to travel to take part, filling Pattaya with the atmosphere of travel, connection and the energy of people brought together through sport. Adding to its appeal, the race combines a scenic coastal course with Pattaya’s lively urban energy, giving runners the opportunity to enjoy sunrise views over the Gulf of Thailand, refreshing sea breezes and some of the city’s most recognisable beachfront landmarks.

But the appeal of travelling to Pattaya for an event does not end on race day. After the run or activity, travellers can extend their trip with many more experiences, from strolling along the beach and visiting cafés in popular neighbourhoods to dining at well-known local restaurants, spending time at a beach club, trying water activities, or relaxing with family and friends in an easily accessible beach city that stays lively throughout the day.

To complement this style of travel, ONYX Hospitality Group welcomes travellers at its two Pattaya hotels: Amari Pattaya and OZO North Pattaya. Both are conveniently located for easy access to the city’s vibrant attractions and close to the Pattaya Marathon 2026 starting point, making them ideal for runners, families and travellers who want to turn an event trip into a seaside break.

For those looking to make their holiday experience even more complete, Amari Pattaya presents a new definition of multi-generational family holidays. For families travelling together, the hotel offers a balanced approach that allows members of every generation to enjoy their own lifestyle seamlessly before coming together again to share happy moments as a family.

While some family members may choose to explore Pattaya Beach or enjoy outdoor activities, others can unwind at Maai Spa, a premium spa that blends contemporary Thai wellness practices with the refined inspiration of silk to restore both body and mind.

For larger families travelling with little princes and princesses, children can let their imaginations run free through creative activities at The Treehouse Kids Club and the expansive water park, while grandparents can retreat to the peaceful privacy and exclusive service of Club Napha.

Amari Pattaya also brings the whole family together over memorable meals, from authentic Thai cuisine crafted with carefully selected local ingredients and a selection of Western favourites at Amaya Food Gallery, to authentic Italian cuisine served in the warm ambience of Prego Pattaya Pasta Lab and Bar, a beachfront Italian restaurant where families and friends can gather over fresh pasta, handcrafted dishes and contemporary interpretations of Italian classics in a warm and welcoming setting

Meanwhile, OZO North Pattaya is an ideal choice for travellers who want to make the most of every moment of their trip. Its location close to the beach, major shopping centres, cafés, restaurants and the city’s key event venues makes it easy to experience Pattaya’s vibrant atmosphere. Guests can start the day with breakfast at EAT, take a stroll by the sea, stop at a café during the day and conveniently round off the evening with Pattaya’s nightlife. Back at the hotel, they can relax by the large swimming pool or recharge at the fitness centre before retiring to a room designed for a truly restful night’s sleep, ready to welcome a new morning and enjoy the city all over again.

More than just a seaside city near Bangkok, Pattaya today is a destination where travellers can shape their own experiences throughout the day, from relaxing on the beach and enjoying brunch at an inviting café to water activities, art attractions and seaside dining at sunset. This is the appeal of Event Tourism: an event is not merely the reason to travel, but the starting point for a trip filled with people, atmosphere and memorable moments.

For runners, families, groups of friends or anyone look for a seasonal getaway, Pattaya Marathon 2026 could be a good reason to start planning the next trip and use the opportunity to experience a side of Pattaya that goes beyond the beach.

Hashtag: #OnyxHospitalityGroup #AmariPattayaHotel #OZONorthHotel

The issuer is solely responsible for the content of this announcement.

About ONYX Hospitality Group

ONYX Hospitality Group, one of the most respected names in the Asia-Pacific hospitality industry, manages a comprehensive and complementary portfolio of brands — Amari, OZO, Shama and Oriental Residence — designed to meet the diverse needs of both business and leisure travellers across the region. Beyond its accommodation brands, the Group also provides additional hospitality services spanning spa, food and beverage.

With more than six decades of management experience, the company has expanded its innovative solutions across the region while maintaining internationally recognised standards and ensuring operational agility and optimal efficiency. By fostering enduring relationships with like-minded business partners, ONYX Hospitality Group delivers unrivalled experiences in a highly competitive and constantly evolving market, meeting the ever-changing needs of travellers.

More information: www.onyx-hospitality.com

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