Begin typing your search...

Apple Reaches $5 Bn In Iphone Exports From India

Apple Reaches $5 Bn In Iphone Exports From India

Apple Reaches $5 Bn In Iphone Exports From India
X

12 Sept 2024 7:17 AM IST

New Delhi: Driven by the production-linked incentive (PLI) scheme, Apple has reached around $5 billion in iPhone exports from India in the April-August period this fiscal.

According to industry data, this is a growth of over 50 per cent from the same period of first five months in FY24.

With the country set to commence production of the flagship iPhone Pro and Pro Max models, the value of iPhone exports is going to jump further in the festive quarter and months ahead, according to the industry analysts.

The new iPhone 16 series will be available in the country from September 20 at attractive financing options and other offers.

According to Union Railways and Electronics and IT Minister, Ashwini Vaishnaw, Apple’s latest iPhone 16 is being produced and launched globally from the Indian manufacturing plants.

Next Story
Share it