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Apple exported $17 billion in iPhones from India in 2024

  • Apple exported iPhones worth over 1.5 trillion rupees ($17.4 billion) from India in the last fiscal year, diversifying its manufacturing base.
  • India's smartphone exports, driven by increased iPhone shipments, reached over 2 trillion rupees, marking a 54% increase from the previous year.
  • Apple has expanded in India due to manufacturing disruptions in China, and subsidies and local assembly partnerships have aided the process.
  • There are potential plans for Apple to shift more manufacturing to India and Southeast Asia due to US levies on China and anticipated tariffs.

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