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Apple likely to manufacture iPhones worth ₹3.36 L crore in India by FY26
The Political and Business Daily
|May 06, 2025
APPLE is expected to ramp up its iPhone production in India to nearly $40 billion (about Rs 3,36,000 crore) by the end of FY26, as the tech giant continues to shift its global supply chain away from China amid growing geopolitical tensions and trade tariffs.
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According to industry estimates, this move will enable Apple to meet 80 per cent of its iPhone demand in the US and cater fully to India's growing domestic market. The development comes close on the heels of Apple CEO Tim Cook's statement during the company's Q2 2025 earnings call, where he revealed that the majority of iPhones sold in the US in the current April-June quarter would be made in India.
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