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%.