Apple iPhone production reaches “another milestone” in India: Read IT minister Ashwini Vaishnaw’s post

Apple has achieved a significant milestone in India, producing iPhones worth $10 billion in the first seven months of the current fiscal year (FY25). This represents a 37% increase compared to the same period last year, according to union IT minister Ashwinin Vaishnaw.
Vaishnaw said that of the $10 billion worth of iPhones produced, $7 billion were exported, adding that the success is largely attributed to the government’s Production-Linked Incentive (PLI) scheme – which encourages large-scale electronics manufacturing in India.