Apple now makes 20 p.c of iPhones in India

This represents an indication of continued diversification away from China, in line with a Bloomberg report.

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Because of this, $22 billion price of iPhones from the Cupertino, California-headquartered firm had been made in India throughout the monetary 12 months 2024-25. That is the estimated manufacturing facility gate worth and never the marked-up retail value.

Apple has been attempting to step away from manufacturing in China for the reason that coronavirus-induced lockdowns damage its manufacturing.

In India, a majority of iPhones assembled are at Foxconn Expertise Group’s manufacturing facility, whereas the Tata Group’s electronics manufacturing arm, which purchased Wistron Corp. and controls Pegatron Corp.’s operations, can also be a key provider.

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India’s iPhone exports

Out of the whole Indian manufacturing, Apple exported ₹1.5 lakh crore ($17.4 billion) price of Apple iPhones in 2024-25, in line with the report.

Shipments to the US specifically accelerated after President Donald Trump introduced his “reciprocal” tariffs in February.

Nonetheless, the administration then exempted electronics items, together with smartphones and computer systems, from its reciprocal tariffs final Friday.

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Apple in India

In India, although, Apple now assembles its complete iPhone vary, together with the dearer titanium Professional fashions, helped by state subsidies tied to Prime Minister Narendra Modi’s ambition to show the nation into a producing hub.

Its market share in India is sort of 8%, the place the majority of its gross sales come from iPhones, reaching nearly $8 billion in fiscal 2024.