In September alone, outbound iPhone shipments surged to $1.25 Bn, marking a 155% YoY rise
In April, Tata Electronics’ Hosur plant and Foxconn’s new Bengaluru unit commenced manufacturing, increasing Apple’s Indian manufacturing community to 5 factories
Notably, practically 80% of Apple’s India output ($17.5 Bn out of a complete $22 Bn manufacturing) in FY25 was exported
Apple reportedly exported a report $10 Bn (about INR 88,730 Cr) price iPhones from India within the first six months of FY26, reflecting a 75% leap from $5.71 Bn in the identical interval final 12 months.
In September alone, outbound shipments surged 155% YoY to $1.25 Bn, ET reported, citing officers.
The export momentum is carefully tied to vital capability ramp-ups. In April 2025, Tata Electronics’ Hosur plant and Foxconn’s new Bengaluru unit commenced manufacturing, increasing Apple’s Indian manufacturing community to 5 factories.
Inc42 has reached out to Apple, Tata Electronics and Foxconn with queries. The story will probably be up to date on receiving responses.
Notably, practically 80% of Apple’s India output ($17.5 Bn out of a complete $22 Bn manufacturing) in FY25 was exported.
Apple has been doubling down on India manufacturing, and, in a strategic shift, started producing its newest iPhone 17 sequence in India proper from its launch.
Behind the investments by the tech big and its manufacturing companions in India is the production-linked incentive (PLI) scheme for cell manufacturing.
Union minister Ashwini Vaishnaw earlier stated that the exports of iPhones from India stood at INR 1.5 Lakh Cr in FY25, marking a 76% YoY improve.
In April this 12 months, Apple determined to shift its total meeting of iPhones bought within the US to India by as early as subsequent 12 months amid the commerce tensions between Washington and Beijing.
In the meantime, India additionally continues to be a quick rising marketplace for Apple. Within the firm’s earnings name for the June quarter, Apple CEO Tim Cook dinner stated iPhone gross sales noticed double-digit progress in India.
[ad_2]