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Apple to dial up India output to $28 bn
Business Standard
|November 07, 2025
Buoyed up by strong growth in exports during the first half (H1) of this financial year, Apple Inc, based on discussions with the government, is aiming for a production free-on-board value of $28 billion in India — including both exports and domestic sales — for 2025-26 (FY26).
This figure represents a 21.7 per cent increase in overall production value in what will be the final year of the production-linked incentive scheme for mobile phones, compared with $23 billion in the previous year.
However, most of this increase will come from exports, which are expected to reach $22 billion, up 27.7 per cent from $18 billion last year. Apple is expected to capitalise on its peak export season — the October-December quarter — when shipments from India usually peak.
Dit verhaal komt uit de November 07, 2025-editie van Business Standard.
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