Apple has exported iPhones worth a staggering Rs 20,000 crore from India in March 2025 alone, marking a nearly twofold increase compared to Rs 11,000 crore in the same month last year. This surge cements India's growing role as a global manufacturing hub for Apple and the country's rising prominence in the tech supply chain.
Apple's total iPhone exports from India for FY25 reached an impressive Rs 1.5 lakh crore, up from Rs 85,000 crore in FY24—a growth of over 76%.The March quarter saw Rs 48,000 crore worth of iPhone exports, compared to Rs 28,500 crore during the same period last year.India's share in global iPhone production has risen significantly, projected to grow from 12-16% in 2023 to 21-25% by the end of 2024.
Apple accelerated exports ahead of the U.S.'s new reciprocal tariff of 26% on Indian imports, set to take effect on April 9, 2025. This strategic move ensures inventory availability while mitigating financial risks. Apple’s shift to India is part of its broader strategy to reduce dependence on China and diversify its manufacturing base. Apple's vendors in India, including Foxconn and Pegatron, have leveraged the Production Linked Incentive (PLI) scheme to ramp up production and exports.
India's emergence as a key player in Apple's global operations reflects the country's potential to become a tech manufacturing powerhouse. With state-of-the-art facilities and government-backed incentives, Apple has successfully scaled its operations here. The company’s focus on "Make in India" aligns with Prime Minister Narendra Modi's vision of transforming India into a global manufacturing hub.
The surge in exports has created thousands of jobs across assembly lines and ancillary industries. Apple's record-breaking exports contribute significantly to India's trade balance and strengthen its position as an electronics exporter. India's growing role in Apple's supply chain enhances its reputation as a reliable partner for high-tech manufacturing.
Apple’s record-breaking export numbers are not just a win for the company but also a testament to India's rising stature in global manufacturing. Apple continues to expand its operations, this success story sets the stage for more international companies to invest in India's burgeoning tech ecosystem.
