BusinessApple iPhone Exports from India Hit Record $13.2 Billion
Apple exported iPhones worth USD 13.2 billion from India in the first five months of this financial year, a 47% increase from last year. These exports made up about half of India's total electronic shipments and 82% of smartphone exports. Overall smartphone exports rose 36% to USD 15.96 billion, driven mainly by iPhones. Electronics exports grew 34% to USD 26.66 billion, supported by Apple, Samsung, Dixon, and others. The growth is linked to the new Mobile Phone Manufacturing Scheme launched in April 2023.
News18 Tech·3h ago




