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SUMMARY
In September alone, outbound iPhone shipments surged to $1.25 Bn, marking a 155% YoY rise
In April, Tata Electronics’ Hosur plant and Foxconn’s new Bengaluru unit commenced production, expanding Apple’s Indian manufacturing network to five factories
Notably, nearly 80% of Apple’s India output ($17.5 Bn out of a total $22 Bn production) in FY25 was exported
Apple reportedly exported a record $10 Bn (about INR 88,730 Cr) worth iPhones from India in the first six…
