Apple iPhone Exports From India Surge 116% [Report]

Apple's iPhone exports from India more than doubled in April, surging to over ₹17,219 crore ($2.06 billion), up 116 percent from ₹7,971 crore ($953 million) in the same month last year, according to government filings by Apple's three vendors, as reported by Business Standard. The significant increase reflects Apple's ongoing shift in iPhone assembly for the U.S. market from China to India.The export figures are consistent with Apple CEO Tim Cook's announcement during the company's second-quarter earnings call, where he stated that a majority of iPhones for the U.S. market would begin to be airlifted from India starting this quarter. Indeed, as we've previously noted, Apple had reportedly rushed multiple plane loads of iPhones from Chennai to Chicago in late March ahead of new tariffs.Typically, the April–June quarter represents the slowest period for Apple's iPhone sales, both globally and in India. However, with U.S. exports now being fulfilled from India, Apple has substantially increased both production and exports. In April 2024, Apple's vendors in India produced iPhones worth ₹10,894 crore, with exports constituting 73 percent at ₹7,971 crore. This April, overall production value nearly doubled to ₹21,400 crore, with 81 percent, or approximately ₹17,300 crore, exported primarily to the U.S. The ramp-up in India is further supported by new manufacturing capabilities, with a new Tata Electronics plant in Hosur, Tamil Nadu, reportedly starting iPhone production and a major Foxconn facility in Bengaluru preparing to begin shipments.Continue ReadingSpotlight Deal:Apple M4 MacBook Air Hits New All-Time Low of $824 [Deal]Share Article:Facebook, Twitter, LinkedIn, Reddit, EmailFollow iClarified:Facebook, Twitter, LinkedIn, Newsletter, App Store, YouTube

May 12, 2025 - 15:00

Apple iPhone Exports From India Surge 116% [Report]

Apple's iPhone exports from India more than doubled in April, surging to over ₹17,219 crore ($2.06 billion), up 116 percent from ₹7,971 crore ($953 million) in the same month last year, according to government filings by Apple's three vendors, as reported by Business Standard. The significant increase reflects Apple's ongoing shift in iPhone assembly for the U.S. market from China to India.

The export figures are consistent with Apple CEO Tim Cook's announcement during the company's second-quarter earnings call, where he stated that a majority of iPhones for the U.S. market would begin to be airlifted from India starting this quarter. Indeed, as we've previously noted, Apple had reportedly rushed multiple plane loads of iPhones from Chennai to Chicago in late March ahead of new tariffs.

Typically, the April–June quarter represents the slowest period for Apple's iPhone sales, both globally and in India. However, with U.S. exports now being fulfilled from India, Apple has substantially increased both production and exports. In April 2024, Apple's vendors in India produced iPhones worth ₹10,894 crore, with exports constituting 73 percent at ₹7,971 crore. This April, overall production value nearly doubled to ₹21,400 crore, with 81 percent, or approximately ₹17,300 crore, exported primarily to the U.S. The ramp-up in India is further supported by new manufacturing capabilities, with a new Tata Electronics plant in Hosur, Tamil Nadu, reportedly starting iPhone production and a major Foxconn facility in Bengaluru preparing to begin shipments.

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Spotlight Deal:
Apple M4 MacBook Air Hits New All-Time Low of $824 [Deal]

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