Overview
- Apple’s India-made iPhone shipments reached a record $23 billion in calendar 2025, rising about 85% from 2024.
- ICEA projects mobile phone production of roughly $75 billion with more than $30 billion in exports by the close of FY26.
- In the first nine months of FY26, iPhone exports were nearly $16 billion, taking cumulative shipments during the PLI period past $50 billion.
- Apple’s local footprint now includes five iPhone assembly plants—three run by Tata Group and two by Foxconn—supported by around 45 component suppliers.
- Smartphones became India’s largest export category in FY25, with iPhones contributing about 75% of smartphone export value and one in four smartphones produced in 2025 shipped abroad.