Apple India has recorded a 60 per cent jump in iPhone production from its Indian supply chain with a turnover close to Rs 1.89 lakh crore during the financial year ended March 31, 2025, according to industry data.
Of this total output, Apple exported Rs 1.5 lakh crore worth iPhones from India during 2024-25, Minister for Electronics and Information Technology (MeitY) Ashwini Vaishnaw Ashwinin Vasihnaw has stated.
Apple’s production in India is expected to accelerate further with the US-China tariff war breaking out, as a result of which the American tech giant’s exports from the communist country will take a hit.
Since US duties are much lower on India-made smartphones, Apple has a distinct advantage in further expanding its production base in the country.
India’s smartphone exports crossed a staggering Rs 1.75 lakh crore ($21 billion) in 11 months of 2024-25 (April-February), which constitutes a 54 per cent jump over the corresponding figure for the same period of 2023-24, according to the India Cellular and Electronics Association.
Around 70 per cent of the exports were contributed by Apple’s iPhone supply chain with Tamil Nadu-based Foxconn, accounting for close to 50 per cent of the overseas shipments. Exports from the Foxconn factory registered an over 40 per cent jump over the same period of the previous financial year.
