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info.plist is information property list file that is encoded using the unicode UTF-8 encoding and the contents are in XML format. The root node is a dictionary type that have keys and values defining the different aspect of the application bundle.This file contains essential configuration information for application.In iOS Applications this file resides in the top-level of bundle directory . In OS X bundles , the file resides in bundle 's contents directory . Xcode automatically creates this file when you create a new project .
For more detail visit
https://developer.apple.com/library/content/documentation/General/Reference/InfoPlistKeyReference/Introduction/Introduction.html