India’s mobile phone exports surge 50% driven by record iPhone production

India’s mobile phone exports jumped nearly 50% in the first ten months of this fiscal year (April-January), reaching an estimated Rs 1.5 lakh crore, up from Rs 1 lakh crore during the same period last year. Apple’s increased iPhone production in India drove this surge. Apple has established major manufacturing hubs in India, similar to its operations in China. iPhone exports from India are estimated at almost Rs 1 lakh crore between April and January, compared to Rs 60,000 crore in the same period the previous year. Samsung also contributed with estimated exports of Rs 34,500 crore.