Apple’s India iPhone exports soar, set to cross Rs 1 trillion mark in FY25
Apple’s fiscal year 2025 (FY25) has started with a remarkable surge in iPhone exports from India. Official data reveals that exports of iPhones produced in the country nearly doubled in April, reaching $1.1 billion (Rs 9,000 crore) compared to $580 million a year ago, reported The Economic Times (ET). Analysts note that April typically witnesses subdued export activity globally due to the absence of major festive sales events.
Buoyed by this surge, experts anticipate the tech behemoth will breach the Rs 1 trillion export milestone in FY25, solidifying India as its second-largest manufacturing hub for iPhones outside China.