Iphone Exports From India
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iPhone Shipments From India Cross $50 Billion Under PLI Scheme, IT Minister Says
Apple has shipped iPhone models worth $50 billion (about Rs. 4.51 Lakh Crore) since FY22, when it was onboarded the production-linked incentive (PLI) scheme, Union IT Minister Ashwini Vaishnaw said. According to a report, the Cupertino-based tech giant managed to ship Indian made iPhone models about $16 billion (about Rs. 1.44 Lakh Crore) in the fi...
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iPhone 17 Series Production Said to Be Expanded in India as Apple Assembles More Models Locally
Apple is reportedly expanding the production of its smartphones in India, which will be exported to the US. The Cupertino tech giant could be trying to avoid the recently announced reciprocal tariffs against China that are yet to come into effect. The tech giant has been trying to shift its production base from China to India as trade uncertainties...
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Apple Leases Office In Bengaluru, To Pay Rs 6.3 Crore Monthly Rent
iPhone maker Apple India has leased around 2.7 lakh square feet of office space in Bangalore for 10 years with a starting monthly rent of Rs 6.3 crore, according to data analytics firm Propstack.
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India Is Now the Leading Smartphone Exporter to the US, Overtakes China: Report
For the first time, India has become the leading manufacturing hub for smartphones sold in the US in a quarter. The numbers correspond to the second quarter (Q2) of 2025. The subcontinent has overtaken China as uncertainty grows around the Asian nation’s trade deal with the US. China’s share in the US’ smartphone imports, in Q2 2025, fell 25 ...
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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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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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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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iPhone Shipments From India Cross $50 Billion Under PLI Scheme, IT Minister Says
Apple has shipped iPhone models worth $50 billion (about Rs. 4.51 Lakh Crore) since FY22, when it was onboarded the production-linked incentive (PLI) scheme, Union IT Minister Ashwini Vaishnaw said. According to a report, the Cupertino-based tech giant managed to ship Indian made iPhone models about $16 billion (about Rs. 1.44 Lakh Crore) in the fi...
-
iPhone 17 Series Production Said to Be Expanded in India as Apple Assembles More Models Locally
Apple is reportedly expanding the production of its smartphones in India, which will be exported to the US. The Cupertino tech giant could be trying to avoid the recently announced reciprocal tariffs against China that are yet to come into effect. The tech giant has been trying to shift its production base from China to India as trade uncertainties...
-
Apple Leases Office In Bengaluru, To Pay Rs 6.3 Crore Monthly Rent
iPhone maker Apple India has leased around 2.7 lakh square feet of office space in Bangalore for 10 years with a starting monthly rent of Rs 6.3 crore, according to data analytics firm Propstack.
-
India Is Now the Leading Smartphone Exporter to the US, Overtakes China: Report
For the first time, India has become the leading manufacturing hub for smartphones sold in the US in a quarter. The numbers correspond to the second quarter (Q2) of 2025. The subcontinent has overtaken China as uncertainty grows around the Asian nation’s trade deal with the US. China’s share in the US’ smartphone imports, in Q2 2025, fell 25 ...
-
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.
-
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.
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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.
