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Date: 13/05/2025

iPhone exports surge 116 pc in April

With the shift of iPhone assembly for the US market from China to India, Apple Inc. saw a massive increase in its exports from India in April, which clocked over Rs 17,219 crore, according to reports filed by the company’s three vendors with the government. This represents a staggering 116% jump in iPhone exports compared to the same month last year when it was Rs 7,971 crore. The numbers are consistent with the announcement during its second-quarter earnings call hosted by Chief Executive Officer Tim Cook, wherein Apple said that, starting this quarter, a majority of the iPhones for the US market would be airlifted from India. Multiple plane loads of iPhones were flown from Chennai to Chicago in April. In April 2023, which marked Apple’s third year of production in India, its vendors produced Rs 8,772 crore worth of iPhones, as per a report.
 
Source: Exim News Service: New Delhi, May 12



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