Apple has manufactured iPhones worth approximately Rs. 1.88 lakh crore in India between march 2024 and march 2025. During the same period, nearly Rs 1.49 lakh crore worth of iPhones was exported from India. This means one in every five iphones globally is now being made in India a significant milestone for the country. The data was reported by Bloomberg.
Where are iPhones made in India?
Apple’s iphones are manufactured in factories located in Tamil Nadu and Karnataka. The largest contributor is Foxconn, Apple’s biggest manufacturing partner. Other Partners involved in the process include Tata Electronics and pegatron.
Sales and market Position in India
In 2024, Apple’s smartphone sales in India reached Rs 800 Crores. However, its market share is still around 8%. The iPhone remains a premium product for India’s middle class, but Apple is optimistic about the future market potential in the country.
Why is Apple Investing Heavily in India?
1 Reducing dependence on China
Due to COVID-19 lockdowns, geopolitical tensions, and trade disputes, Apple is looking to reduce its heavy reliance on China. The Company realized that over-dependence on a single country poses a significant risk.
2. Lower manufacturing costs in India
India offers cheaper labor, reducing overall production costs. Local manufacturing also helps Apple avoid high import duties on electronic goods.
3.Government incentives
The Indian government’s ‘Make in India’ initiative and production Linked Incentive (PLI) Schemes provide financial support for local manufacturing. This has encouraged companies like Foxconn and Tata to invest more in India.
4. Rapidly growing smartphone market
India is one of the fastest-growing smartphone markets in the world. By increasing local production, Apple can better meet rising demand and gradually grow its market share.
5. Growing export opportunities
Neary 70% of iPhones made in India are exported. In 2024 alone, India exported iPhones worth around Rs. 1.09 lakh crore, and this figure is expected to grow in the coming years.
6. Skilled workforce and improving infrastructure
While India’s workforce is still catching up with China in terms of experience, rapid improvements are being made. Apple’s partners like Foxconn are training local workers and building new facilities – such as a Rs. 23,139 crore plant in Karnataka to meet production
Shashi Rai
