Bharat Express-->

India tech industry

India's semiconductor industry is poised for significant expansion, with revenue projected to double in 2025 by 2030.

Apple has significantly expanded its manufacturing footprint in India, recording a 60% surge in iPhone production.

India and Vietnam now enjoy a 20% tariff advantage over China on key electronics such as smartphones, laptops, tablets, and smartwatches.

The country's electronics exports are on track to exceed ₹3 lakh crore for the first time in the current fiscal year (FY25).

India’s smartphone exports soared by 140% in January 2024, reaching ₹25,000 crore ($3 billion). The surge was led by Apple’s supply chain, which contributed nearly 70% of total exports, followed by Samsung at 20%.