In the six months between April and September, India has exported ‘Made in India’ iPhones worth $ 6 billion (about Rs 50,454 crore). This is one-third (33%) more than the same period last year. By the end of the current financial year (2024-25), the export figure can reach $ 10 billion (about Rs 84,086 crore). Bloomberg has given this information quoting sources. Apple wants to reduce dependency on China iPhone manufacturer Apple is trying to reduce its dependency from China due to tension between China and America. For this, the company is rapidly expanding its manufacturing network in India. In this, local subsidies, skilled workforce and India’s technological capabilities are helping Apple a lot. Foxconn is the biggest supplier of Apple smartphones Three suppliers of Apple – Taiwan’s Foxconn Technology Group and Pegatron Corp and Indian company Tata Electronics assemble iPhone sets in South India. Of these, Foxconn’s local unit is the biggest supplier of iPhones in India. Apart from this, the company contributes to about half of the iPhone exports from India. Tata’s company exported iPhones worth ? 14,292 crores Between April and September, Tata Group’s company Tata Electronics exported iPhones worth about $ 1.7 billion (Rs 14,292 crores) from its Karnataka-based factory. Tata bought this unit from Wistron Corp last year. This is the first Indian assembler of Apple’s best-selling products. iPhones being manufactured in India since 2017 Apple started manufacturing iPhones in India with the iPhone SE in 2017. It has three Electronics Manufacturing Service (EMS) partners – Foxconn, Wistron, and Pegatron. Apple shipped 10 million units for the first time According to market research firm Counterpoint Research, Apple has achieved the top position in terms of generating revenue in India for the first time in 2023. However, Samsung remains ahead in terms of sales. Counterpoint reported in the report that Apple crossed the 10 million units mark in shipments for the first time last year. According to trade intelligence platform The Trade Vision, Apple’s iPhone exports from India have grown from US$6.27 billion in 2022-23 to US$12.1 billion in 2023-24, showing a massive increase of nearly 100%. Also read this news… iPhone-16 and Apple Watch Series 10 launched: Starting price of phone is Rs 79,900, AI will also be available; Know how different from iPhone-15 Apple has launched iPhone-16. This time the biggest change in the iPhone is Apple Intelligence. Apart from this, a new button has been given on the side for camera control. It will be available in India from September 20. Its starting price is Rs 79,900 which goes up to Rs 1,84,900. It can be bought either online or in-store. Click here to read the full news… Apple will employ 5 lakh Indians in 3 years: Currently 1.5 lakh people are working, the company will shift half of its supply chain from China to India iPhone maker Apple can employ 5 lakh people in India in the next 3 years. These jobs will be generated through vendors and component suppliers. A senior official told news agency PTI, “Apple is accelerating appointments in India.” He said that currently Apple’s vendors and suppliers employ 1.5 lakh people in India. Among these, Tata Electronics, the company operating two manufacturing plants of Apple, is the biggest job generator. However, no statement has come from Apple in this regard. Click here to read the full news…
