Apple iPhone Demand in India: These Two Companies Could Benefit From Growing Sales

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The growing demand for Apple iPhones in India is creating opportunities not only for Apple but also for businesses connected to its supply and retail network. As iPhone sales and local manufacturing expand, companies involved in distribution and consumer electronics could see increased business activity.

Among the companies with established links to Apple are Redington

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and Electronics Mart India. Both have had business relationships with Apple, although their current roles and exposure are different.

Redington Share Price and Apple Connection

Redington shares closed at ₹392.80 on September 21, after falling ₹7.05, or 1.76%, during the session. The stock has a 52-week high of ₹413.20 and a low of ₹191.31.

Redington operates in technology product distribution and supply-chain services across multiple countries, including India. Its portfolio covers IT hardware, software and mobile devices.

The company has maintained a long-standing relationship with Apple and acts as an authorised national supply-chain and distribution partner for Apple across India, West Asia and Africa. Through this network, Apple products reach different markets and retail channels.

How Important Is Apple to Redington?

Apple represents a significant part of Redington’s mobility business. During the June 2026 quarter

, Apple was among the company’s top five vendors and accounted for 31% of that group.

Redington has a presence across 32 countries and 40 markets, giving it a broad distribution network. As Apple’s presence in the Indian market continues to expand, changes in iPhone demand could have an impact on the company’s distribution activities.

Electronics Mart India’s Relationship With Apple

Electronics Mart India is a major multi-brand consumer electronics retailer in India, selling products such as smartphones, televisions, home appliances and other electronic goods. The company has a presence across 95 cities in six states

.

The retailer previously had a direct relationship with Apple through its iQ business division, which operated exclusive Apple-branded outlets.

As part of a strategic change, Electronics Mart India transferred the operations of four Apple retail stores to another company. The transaction was carried out on a going-concern basis and did not include inventory. The company has since placed greater focus on its core multi-brand retail operations.

Electronics Mart India’s previous relationship with Apple and its presence in the wider consumer electronics market continue to connect the company with Apple’s retail ecosystem.

Electronics Mart India shares closed at ₹190.10 on September 21

, down ₹6.18, or 3.15%. Its 52-week high stands at ₹202.86, while the 52-week low is ₹84.90.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any stock. Investors should independently evaluate a company’s financial results, valuation, business outlook and risks before making any investment decision. Past market performance does not guarantee future returns.