Iphone
According to Bloomberg News, Apple Inc’s (AAPL.O) iPhone exports from India have surpassed $1 billion in the five months since April, highlighting the tech giant’s expanding investment on the South Asian country amid New Delhi’s push for local production.
Outbound exports of India-made iPhones, primarily to Europe and the Middle East, are expected to reach $2.5 billion in the fiscal year ending March 2023, nearly doubling the year ending March 2022, according to the article, which cited sources.
Apple began producing the iPhone 13 in India a few months ago, and the company said last week that it intends to produce the next iPhone 14. Since 2017, Apple has been producing iPhones in India.
According to Bloomberg, the smartphones exported from India from April to August this year include iPhone 11, 12, and 13 versions.
Apple iPhone Exports Hits $1 Billion in India
In just one month, iPhone exports from India surpassed $1 billion, making the business the first smartphone manufacturer to achieve such success in the country.
According to reports, the company’s total rajkotupdates.news:apple-iphone-exports-from-india-doubled-between-april-and-augustexport from India has also surpassed Rs. 10,000 crores.
The Apple iPhone 11, 12, 13, and 14 models are currently manufactured in India, and the iPhones manufactured in India are primarily supplied to European and Middle Eastern countries.
With the company’s escalating troubles with the Chinese government and the administration of Xi Jinping, Apple had planned to relocate its sales to India and had already begun taking the required procedures.
iPhonesmade in India
Since then, Apple has bought an increasing number of models through its iPhone assembly partners in India, and its volume has climbed to the point where it can export some of the production fer sale outside the country.
Apple hoped to reach a watershed moment last year when iPhone 14 production began simultaneously in China and India. In the end, it didn’t quite make it, but iPhone 14 production did begin in India in September. This year’s iPhone 15 lineup is scheduled to be produced concurrently.
In just five months, Apple iPhone shipments from India have surpassed $1 billion.
According to Bloomberg News, Apple Inc’s iPhone exports from India have surpassed $1 billion in the five months since April, underscoring the tech giant’s expanding investment on the South Asian country amid New Delhi’s push for local production.
Outbound exports of India-made iPhones, primarily to Europe and the Middle East, are expected to reach $2.5 billion inrajkotupdates.news:apple-iphone-exports-from-india-doubled-between-april-and-august the year through March 2023, nearly doubling the year through March 2022, according to the article, which cited sources.
Apple began producing the iPhone 13 in India earlier this year, and the company said last week that it intends to produce the next iPhone 14.
Since 2017, Apple has been producing iPhones in India.
Apple iPhone 13 to get manufactured in India
Cupertino-based Apple has commenced trial production of the Apple iPhone 13 in India. Samsung has commenced trial production at its Foxconn factory in Chennai as part of its preparations to make all of its top-selling smartphones in the nation. According to two industry experts quoted in the paper, Apple plans to start commercial production of the iPhone 13 in India in February for both domestic and foreign markets.
Apple has also secured a supply of electronic chips, which has benefited the company’s expansion plan to bring manufacturing to India, according to the source.
