Apple’s iPhone production in India has seen impressive growth, with exports surpassing $10 billion FOB (Free on Board) in 2024. This marks a significant achievement as India becomes a key manufacturing hub for Apple. The country now accounts for approximately 14% of Apple’s global iPhone production value. This growth is driven by Apple’s shift away from China, with local production benefiting from the government’s Production-Linked Incentive (PLI) scheme. Apple aims to further expand its production in India, with plans to increase its share to 23-25% by the end of FY26.
Source:- bbc news
Apple’s vendors in India, including Tata Electronics, Pegatron, and Foxconn, have exceeded production targets, contributing to the surge in exports. Over the past three years, the combined production value of iPhones assembled in India has reached over ₹1.94 lakh crore ($24 billion), far surpassing initial goals
Source:- news 18
This growth highlights India’s potential as a major player in the global electronics manufacturing landscape, and Apple is optimistic about the market’s future, given the strong double-digit growth year on year.
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