Trending News
Baltic Exchange Market Report (13 December 2024)...
  Daily Exim

NEWS DETAILS

Date: 13/09/2024

iPhone exports from India surge 54 pc in April-August

Apple’s export of iPhones from India touched the $5 billion mark for the first five months (April-August) of FY25 — a heady growth of 54 per cent over the $3.2 billion during the same period last year, the company’s vendors informed the government. With Apple deciding to make the iPhone 16 Pro and iPhone Max in India, it is set to give a fillip to the value of its exports from the country this financial year. Notably, the current five-month export figure matches Apple’s total exports for the entire FY22. Apple collaborates with three vendors—Foxconn, Pegatron and Wistron (now Tata Electronics)—under the smartphone production-linked incentive (PLI) scheme, with a collective export commitment of $8.9 billion for FY25. In FY24, Apple manufactured over $14 billion worth of iPhones in India, with more than $10 billion value exported to Europe, West Asia and the US markets, as per a report.
 
Source: Exim News Service :New Delhi, Sept. 12



Featured News

EXIM INDIA ONLINE SERVICES

APPOINTMENTS

View All

USEFULL LINKS

View All

Introduction

EXIM INDIA is a reputed and all-India recognised premier publishing house. It publishes a daily newspaper.

It publishes a daily newspaper "Exim Newsletter" from Mumbai, Gujarat and New Delhi / NCR / North India, and Exim India - 'Shipping Times' from Kolkata, Chennai, Cochin and Tuticorin for the last 46 years.

Read More

QUICK LINKS

Contact Details

Inquiry

© | Exim India. All rights Reserved.