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Smartphone Exports

India attracted over $500 billion in foreign direct investment (FDI) equity inflows between 2014 and 2024, more than double the $208 billion.

India has transformed from a cautious reformer to a global investment magnet, rewriting the rules of foreign direct investment (FDI).

India’s smartphone exports experienced an unprecedented surge, surpassing traditional export staples like petroleum products and diamonds.

Apple plans to boost iPhone production in India to nearly $40 billion by FY 2025-26, shifting manufacturing away from China.

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

India is set to reach $300 billion in electronics production by 2026, driven by the success of the ‘Make in India’ initiative.

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 surged, with Apple and Samsung making up 94% of total shipments, says a March 2025 Counterpoint report.

India's iPhone production hit $10 billion in the first seven months of FY25, according to government data.