This year 2024 $6 billion iPhones got manufactured in India. This puts annual exports on track to surpass above #10 Billion in 2024.

$6 billion of iPhones exported from India.

$6 billion of iPhones exported from India.. This is three times more compared to last year. People familiar wit name asked not to be names as this information is private. This put an annual exports on above $10 Billion of fiscal 2024.

Apple Expands in India. 

Apple is expanding in India at a rapid clip. they will take advantage of local subsidies. A skilled workforce, and advances in the country’s trench capabilities. India has become crucial to decreasing Apple’s dependence on China. As tensions between the US and China increase.

Big companies assemble in South India for iPhone manufacture.

Three of apple’s suppliers – Taiwan’s Forxconn & Pentagon Corp and Tata electronics. These three groups assembled in South India. Foxconn’s local unit, based on the outskirts of Chennai. Foxconn is a top supplier in India and accounts for half og country’s iPhone exports.

Tata Group’s electronics exported $1.7 billion of iPhones from April to September. Last year, Tata acquired this unit from Wistron Corp. becoming the first Indian assembler of Apple’s bestselling Product.

Dominance of China in Indian smartphone market. Chance for iPhone?

Five years ago before Apple expanded in India. Cuntry’s annual smartphone export to US was $5.2 million. Still Apple accounts of under 7% of India’s smartphone market, which is dominated by China. Chinese companies like Xiaomi, Oppo, and Vivo considered as big players in the market.

 While apple has a small market globally, they are making big bets.

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