HomeIndiaApple iPhone export from India rises to ₹10,000 crore in May

Apple iPhone export from India rises to ₹10,000 crore in May

Apple iPhone exports from India reportedly increased $10,000 crores in May this year, according to the Economic Times. In April and May 2023, smartphone exports crossed $20,000 crores, more than double ( $9,066 crore) in the same period last year, according to the Cellular and Electronics Association of India.

Apple iPhone exports from India reportedly increased $10,000 crores in May this year, according to the Economic Times. In April and May 2023, smartphone exports crossed $20,000 crores, more than double ( $9,066 crore) in the same period last year, according to the Cellular and Electronics Association of India.

the export of Apple iPhone from India increased nearly four-fold to cross $5 billion in fiscal year 2023 as the company ramped up local production of its devices.

the export of Apple iPhone from India increased nearly four-fold to cross $5 billion in fiscal year 2023 as the company ramped up local production of its devices.

The Cupertino-based company is diversifying its supply chains out of China and increasing its presence in India, making it the potential new hub for premium phones.

The Cupertino-based company is diversifying its supply chains out of China and increasing its presence in India, making it the potential new hub for premium phones.

After the COVID-19 pandemicApple Inc is gradually shifting its focus towards India due to geopolitical tension between the US and China and the ambitious New Delhi plan. production-linked incentive (PLI) scheme for smartphones.

After the COVID-19 pandemicApple Inc is gradually shifting its focus towards India due to geopolitical tension between the US and China and the ambitious New Delhi plan. production-linked incentive (PLI) scheme for smartphones.

India is exporting smartphones to various developing countries such as the UK, Italy, France, the Middle East, Japan, Germany, and Russia.

India is exporting smartphones to various developing countries such as the UK, Italy, France, the Middle East, Japan, Germany, and Russia.

In January 2016, Apple applied to the Indian government to establish its own stores in India. During the same year, India relaxed its investment rules for foreign retailers, paving the way for giants like Apple and IKEA to set up stores in the country.

In January 2016, Apple applied to the Indian government to establish its own stores in India. During the same year, India relaxed its investment rules for foreign retailers, paving the way for giants like Apple and IKEA to set up stores in the country.

In September 2020, apple inc launched its first online store in India.

In September 2020, apple inc launched its first online store in India.

In April this year, Apple CEO Tim Cook visited India for the launch of two retail stores for the premium smartphone brand in Mumbai and New Delhi.

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