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Friday, April 18, 2025

Apple Exported $17 Billion in iPhones From India Last Year, Minister Says


Apple exported greater than 1.5 trillion rupees ($17.4 billion) in iPhones from India within the final fiscal yr, the nation’s know-how minister mentioned Tuesday, underscoring the corporate’s efforts to diversify away from China.

As iPhone exports shot up, India has shipped out smartphones value greater than 2 trillion rupees within the fiscal yr via March 2025, a bounce of 54 p.c from the earlier yr, tech minister Ashwini Vaishnaw mentioned at a briefing in New Delhi. 

Apple has quickly expanded in India after strict Covid shutdowns paralyzed manufacturing at its largest iPhone plant in China. The diversification drive has coincided with Prime Minister Narendra Modi’s ambition to show the nation into a producing hub. India’s subsidies have helped Foxconn Technology Group and the electronics manufacturing unit of Tata Group, which purchased Wistron Corp. and Pegatron Corp.’s India factories, scale up native iPhone meeting. 

Apple did not instantly reply to a request for remark. 

US President Donald Trump’s levies on China — and his risk to impose an extra 50 p.c tariff — might push Apple to maneuver extra manufacturing towards India and nations in Southeast Asia. Still, an entire shift away from the corporate’s longtime manufacturing hub is unlikely within the quick time period.

Separately, Apple has been stocking up on stock in anticipation of the tariffs. And it is steering extra units made in India to the US market, Bloomberg News has reported. The Trump administration introduced plans to impose a “reciprocal” tariff of about 27 p.c on India, a decrease degree than China.

Apple nonetheless ships roughly four-fifths of its iPhones from China, regardless of efforts to shift manufacturing to nations like India and Vietnam. Rebuilding its advanced industrial ecosystem elsewhere has been expensive and can possible take years.

China’s sturdy supply chain is seen as one of many elements giving President Xi Jinping confidence as he negotiates with Trump and tasks a defiant picture to a home viewers.

© 2025 Bloomberg LP

(This story has not been edited by NDTV workers and is auto-generated from a syndicated feed.)



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