Apple's iPhone production in India reached a freight-on-board (FoB) value of $10 billion (Rs. 84,000 crore) between April and October of FY25.  This

Apple's iPhone production in India reached a freight-on-board (FOB) value of $10 billion in the first seven months of FY25. The PLI scheme has driven significant smartphone exports and job creation, with Apple accounting for $7 billion in exports alone.

Apple has seen remarkable success in India, producing and assembling $14 billion worth of iPhones in fiscal year FY24, with exports accounting for over $10 billion of this figure. The strong performance in the current fiscal year underscores the company’s increasing reliance on India as a manufacturing hub.

According to the , , and the , Tofler cited Apple India's corporate filing with the Registrar of Companies of India, disclosing that, driven by rising iPhone sales, the company's revenue reached INR671.

According to the Business Standard article shared by the minister, the estimated market value of this $10 billion FOB production stands at $15 billion, factoring in sales, distribution, marketing, margins,

Apple's iPhone manufacturing in India has reached new heights, achieving over $10 billion in FOB value within the first seven months of FY25. This represents a 37% increase from the previous year, with 70% of production being exported.

Apple achieved $10 billion in iPhone production in India during April-October 2024. $7 billion worth of iPhones were exported. This represents a 37% increase compared to the same period last year. October 2024 saw over $2 billion in iPhone production.