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India's iPhone exports zoomed 116% in Apr
Business Standard
|May 12, 2025
Apple's shift from China
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 ₹17,219 crore, according to reports filed by the company's three vendors with the government.
This represents a staggering 116 per cent jump in iPhone exports compared to the same month last year, when it hit ₹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.
Diese Geschichte stammt aus der May 12, 2025-Ausgabe von Business Standard.
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