Manufacturing Of Apple iPhones In India Surges 60 Per Cent To Rs 1.89 Lakh Crore In 2024-25 | Know-how Information

New Delhi: Apple India has recorded a 60 per cent leap in iPhone manufacturing from its Indian provide chain with a turnover near Rs 1.89 lakh crore through the monetary yr ended March 31, 2025, in accordance with business information. Of this whole output, Apple exported Rs 1.5 lakh crore value iPhones from India throughout 2024-25, Minister for Electronics and Info Know-how (MeitY) Ashwini Vaishnaw Ashwinin Vasihnaw has said.

Apple’s manufacturing in India is anticipated to speed up additional with the US-China tariff conflict breaking out, because of which the American tech big’s exports from the communist nation will take successful.Since US duties are a lot decrease on India-made smartphones, Apple has a definite benefit in additional increasing its manufacturing base within the nation.

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 leap over the corresponding determine for a similar interval of 2023-24, in accordance with the India Mobile and Electronics Affiliation.

Round 70 per cent of the exports have been contributed by Apple’s iPhone provide chain with Tamil Nadu-based Foxconn, accounting for near 50 per cent of the abroad shipments. Exports from the Foxconn manufacturing facility registered an over 40 per cent leap over the identical interval of the earlier monetary yr.

One other 22 per cent of the exports got here from iPhone vendor Tata Electronics, which has acquired the Wistron smartphone manufacturing manufacturing facility in Karnataka. One other 12 per cent of the export consignments got here from the Pegatron facility in Tamil Nadu, during which Tata Electronics acquired a 60 per cent stake in direction of the top of January. With the acquisition of the 2 Taiwanese firms, the Tata group has additionally emerged as a significant producer of iPhones within the nation.

South Korean tech big Samsung contributed round 20 per cent of the overall smartphone exports from India. Vaishnaw earlier stated that he anticipated smartphone exports to succeed in $20 billion (Rs 1.68 lakh crore) throughout 2024-25, however the estimate has already been exceeded in 11 months of the present monetary yr.

India’s electronics items exports, led by smartphones, have been accelerating lately on the again of presidency’s Manufacturing Linked Incentive (PLI) Scheme which has succeeded in attracting international tech giants reminiscent of Apple and its suppliers, trying to arrange various provide chains exterior China after the Communist nation got here below US sanctions. The Centre’s production-linked incentive (PLI) scheme has boosted exports and decreased imports, as home manufacturing now meets 99 per cent of home demand.

The Manufacturing Linked Scheme (PLI) for electronics manufacturing has succeeded in attracting a cumulative funding to the tune of Rs 10,213 crore until December 2024, resulting in the creation of over 1.37 lakh direct jobs and boosting the nation’s exports, in accordance with data tabled in Parliament.