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India's Mobile Phone Exports Rise 127 Times To Rs 2 lakh Crore In 10 Years
Export of mobile phones from India increased by 127 times to reach Rs 2 lakh crore in the last 10 financial years, Parliament was informed on Wednesday.
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Foxconn Sends 97 Percent of India iPhone Exports to US as Apple Tackles Tariffs
Nearly all the iPhones exported by Foxconn from India went to the United States between March and May. The numbers show Apple has realigned its India exports to almost exclusively serve the US market, when previously the devices were more widely distributed to countries including the Netherlands, the Czech Republic and Britain.
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Apple Supplier Foxconn to Invest $1.5 Billion in India Unit
Foxconn's Singapore-based subsidiary will buy 12.77 billion shares worth 10 rupees apiece, amounting to 127.74 billion rupees ($1.50 billion) in Yuzhan Technology India. The detail was revealed in a filing with the London Stock Exchange.
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Auto Industry Witnesses Record Sales In FY25, SUVs Remain Key Contributor
India's auto industry achieved a new milestone in the financial year ending March 2025, with passenger vehicle sales rising to a record 43 lakh units, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
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Apple Exported $17 Billion in iPhones From India Last Year, Minister Says
US President Donald Trump’s levies on China — and his threat to impose a further 50 percent tariff — could push Apple to move more manufacturing toward India and countries in Southeast Asia. Still, a complete shift away from the company’s longtime manufacturing hub is unlikely in the short term.
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Smartphone Exports Surpass Rs 2 Lakh Crore, iPhone Shipments Tops List: Centre
Mobile phone exports surpassed Rs 2 lakh crore in the 2024-25 financial year with iPhone shipments alone contributing about Rs 1.5 lakh crore, Union Minister Ashwini Vaishnaw said on Tuesday.
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‘Made in India’ Smartphone Shipments Grew 6 Percent YoY in 2024; Samsung Retained Top Spot
‘Made in India’ smartphone shipments grew 6 percent year-on-year (YoY) in 2024, according to claims by a market research firm. Samsung and Vivo dominated the market with the most shipments. Meanwhile, the former, along with Apple, accounted for a total of 94 percent of the total smartphone exports from the country.
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iPhone 16e Assembly in India Begins for Local Sales and Global Exports: Report
iPhone 16e was launched by Apple last week as the latest entry-level iPhone model and the successor to the iPhone SE (2022). According to a new report, the phone’s assembly in India has now commenced ahead of its sale beginning February 28, joining other handsets in the Cupertino-based technology company’s iPhone 16 lineup. The iPhone 16e is be...
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Google Pixel-Maker Dixon to Double Revenue as India Ramps Up Electronics Production
Dixon Technologies India, which assembles Google's Pixel smartphones, is set to more than double its revenue this fiscal year, driven by rapid growth in local electronics manufacturing, a top executive told Reuters.
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iPhone Production in India Reaches $10 Billion Milestone With PLI Scheme, Says IT Minister
Apple’s iPhone production in India hit the $10 billion (roughly Rs. 84,000 crore) freight-on-board (FoB) value between the months of April and October of FY25, IT Minister Ashwini Vaishnaw revealed, citing a report, on Monday. This translates into a growth of 37 percent compared to the same period in FY24, courtesy of the government’s productio...
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Apple Ships $6 Billion of iPhone Models From India in Big China Shift
The US company exported nearly $6 billion of India-made iPhones, an increase of a third in value terms from a year earlier, people familiar with the matter said, asking not to be named as the information is private. That puts annual exports on track to surpass the about $10 billion of fiscal 2024.
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Google Pixel Smartphones Manufactured in India to be Exported to Europe, US: Report
Google Pixel smartphones that are manufactured in India will also be exported to Europe and the US, according to a report. The company is expected to unveil the Google Pixel 9 series on August 13. A percentage of these devices that will be made available in Europe will be made in India, as per the report. Two different manufacturing companies are s...
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IT Ministry Wants to Match China, beat Vietnam in Smartphone Exports Race, Documents Show
The government must "act fast" to lure global companies with lower tariffs and risks losing out to China and Vietnam as it seeks to become a major smartphone export hub according to Minister of State for Electronics and IT Rajeev Chandrasekhar. The government is attracting several companies such as Apple, Foxconn and Samsung to manufacture their de...
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Government Cuts Import Duty on Some Phone Parts to 10 Percent in Boost for Apple, Xiaomi
Indian government has cut the import duty on some parts used in making mobile phones to 10 percent from 15 percent, a move benefiting companies like Apple and Xiaomi that manufacture in Asia's third-largest economy.
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Samsung Galaxy S24 Series to Be Manufactured in Noida Facility for Sale in India and Export
Samsung unveiled the Galaxy S24, Galaxy S24+, and Galaxy S24 Ultra at its Galaxy Unpacked event in the US earlier this week. During the launch event, the South Korean conglomerate announced that the latest Galaxy S24 series will be manufactured at its factory in Noida, Uttar Pradesh for both domestic sales as well as exports.
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India's Mobile Phone Exports Rise 127 Times To Rs 2 lakh Crore In 10 Years
Export of mobile phones from India increased by 127 times to reach Rs 2 lakh crore in the last 10 financial years, Parliament was informed on Wednesday.
-
Foxconn Sends 97 Percent of India iPhone Exports to US as Apple Tackles Tariffs
Nearly all the iPhones exported by Foxconn from India went to the United States between March and May. The numbers show Apple has realigned its India exports to almost exclusively serve the US market, when previously the devices were more widely distributed to countries including the Netherlands, the Czech Republic and Britain.
-
Apple Supplier Foxconn to Invest $1.5 Billion in India Unit
Foxconn's Singapore-based subsidiary will buy 12.77 billion shares worth 10 rupees apiece, amounting to 127.74 billion rupees ($1.50 billion) in Yuzhan Technology India. The detail was revealed in a filing with the London Stock Exchange.
-
Auto Industry Witnesses Record Sales In FY25, SUVs Remain Key Contributor
India's auto industry achieved a new milestone in the financial year ending March 2025, with passenger vehicle sales rising to a record 43 lakh units, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
-
Apple Exported $17 Billion in iPhones From India Last Year, Minister Says
US President Donald Trump’s levies on China — and his threat to impose a further 50 percent tariff — could push Apple to move more manufacturing toward India and countries in Southeast Asia. Still, a complete shift away from the company’s longtime manufacturing hub is unlikely in the short term.
-
Smartphone Exports Surpass Rs 2 Lakh Crore, iPhone Shipments Tops List: Centre
Mobile phone exports surpassed Rs 2 lakh crore in the 2024-25 financial year with iPhone shipments alone contributing about Rs 1.5 lakh crore, Union Minister Ashwini Vaishnaw said on Tuesday.
-
‘Made in India’ Smartphone Shipments Grew 6 Percent YoY in 2024; Samsung Retained Top Spot
‘Made in India’ smartphone shipments grew 6 percent year-on-year (YoY) in 2024, according to claims by a market research firm. Samsung and Vivo dominated the market with the most shipments. Meanwhile, the former, along with Apple, accounted for a total of 94 percent of the total smartphone exports from the country.
-
iPhone 16e Assembly in India Begins for Local Sales and Global Exports: Report
iPhone 16e was launched by Apple last week as the latest entry-level iPhone model and the successor to the iPhone SE (2022). According to a new report, the phone’s assembly in India has now commenced ahead of its sale beginning February 28, joining other handsets in the Cupertino-based technology company’s iPhone 16 lineup. The iPhone 16e is be...
-
Google Pixel-Maker Dixon to Double Revenue as India Ramps Up Electronics Production
Dixon Technologies India, which assembles Google's Pixel smartphones, is set to more than double its revenue this fiscal year, driven by rapid growth in local electronics manufacturing, a top executive told Reuters.
-
iPhone Production in India Reaches $10 Billion Milestone With PLI Scheme, Says IT Minister
Apple’s iPhone production in India hit the $10 billion (roughly Rs. 84,000 crore) freight-on-board (FoB) value between the months of April and October of FY25, IT Minister Ashwini Vaishnaw revealed, citing a report, on Monday. This translates into a growth of 37 percent compared to the same period in FY24, courtesy of the government’s productio...
-
Apple Ships $6 Billion of iPhone Models From India in Big China Shift
The US company exported nearly $6 billion of India-made iPhones, an increase of a third in value terms from a year earlier, people familiar with the matter said, asking not to be named as the information is private. That puts annual exports on track to surpass the about $10 billion of fiscal 2024.
-
Google Pixel Smartphones Manufactured in India to be Exported to Europe, US: Report
Google Pixel smartphones that are manufactured in India will also be exported to Europe and the US, according to a report. The company is expected to unveil the Google Pixel 9 series on August 13. A percentage of these devices that will be made available in Europe will be made in India, as per the report. Two different manufacturing companies are s...
-
IT Ministry Wants to Match China, beat Vietnam in Smartphone Exports Race, Documents Show
The government must "act fast" to lure global companies with lower tariffs and risks losing out to China and Vietnam as it seeks to become a major smartphone export hub according to Minister of State for Electronics and IT Rajeev Chandrasekhar. The government is attracting several companies such as Apple, Foxconn and Samsung to manufacture their de...
-
Government Cuts Import Duty on Some Phone Parts to 10 Percent in Boost for Apple, Xiaomi
Indian government has cut the import duty on some parts used in making mobile phones to 10 percent from 15 percent, a move benefiting companies like Apple and Xiaomi that manufacture in Asia's third-largest economy.
-
Samsung Galaxy S24 Series to Be Manufactured in Noida Facility for Sale in India and Export
Samsung unveiled the Galaxy S24, Galaxy S24+, and Galaxy S24 Ultra at its Galaxy Unpacked event in the US earlier this week. During the launch event, the South Korean conglomerate announced that the latest Galaxy S24 series will be manufactured at its factory in Noida, Uttar Pradesh for both domestic sales as well as exports.
