Business

iPhone Production In India Jumps 60% To Rs 1.89 Lakh Crore In FY 2024-25

Apple has significantly expanded its manufacturing footprint in India, recording a 60% surge in iPhone production during the financial year 2024-25.

According to industry data, Apple’s Indian supply chain reported a nearly ₹1.89 lakh crore turnover by the end of March 2025.

iPhone Exports Reach ₹1.5 Lakh Crore

Electronics and IT Minister Ashwini Vaishnaw confirmed that Apple exported iPhones worth ₹1.5 lakh crore from India during the same period.

This export performance reflects India’s growing importance in Apple’s global supply chain.

Shift From China Accelerates India Production

Industry analysts believe Apple is ramping up Indian operations in response to the escalating US-China tariff conflict.

As US duties on Indian-made smartphones remain low, Apple gains a competitive edge by expanding production in India.

India’s total smartphone exports touched ₹1.75 lakh crore ($21 billion) in just 11 months of FY 2024-25 (April to February), a 54% increase compared to the same period in the previous year.

The India Cellular and Electronics Association attributes 70% of these exports to Apple’s supply chain.

Foxconn And Tata Drive Export Growth

Foxconn’s facility in Tamil Nadu emerged as the top exporter, contributing nearly 50% of Apple’s overseas shipments. Foxconn’s exports rose over 40% year-on-year.

Tata Electronics contributed 22% of iPhone exports through its Karnataka unit, formerly owned by Wistron.

In January, Tata also acquired a 60% stake in Pegatron’s Tamil Nadu facility, which accounted for another 12% of iPhone shipments.

With these strategic acquisitions, the Tata Group has become a major force in iPhone manufacturing in India.

Samsung Accounts For 20% Of Exports

South Korean tech giant Samsung contributed around 20% of India’s total smartphone exports during the same period, continuing its strong manufacturing presence in the country.

PLI Scheme Powers Growth In Electronics Manufacturing

Minister Vaishnaw highlighted the success of the government’s Production Linked Incentive (PLI) scheme, which has drawn global tech giants like Apple to invest in India.

The scheme has encouraged companies to diversify their supply chains away from China amid sanctions and rising tensions.

According to official data presented in Parliament, the PLI scheme attracted ₹10,213 crore in cumulative investments by December 2024.

This investment has created over 1.37 lakh direct jobs and significantly boosted India’s electronics exports.

India Nears Self-Sufficiency In Electronics Production

With domestic production now fulfilling 99% of India’s smartphone demand, the country has not only reduced imports but also emerged as a major exporter in the global electronics market.

Also Read: Gold Prices Hit Record High Amid Tariff Tensions And Global Economic Uncertainty

Purnima Mishra

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