Apple exported iPhones worth ₹1.5 trillion from India in FY25: Union Minister Ashwini Vaishnaw

Apple Inc. exported iPhones worth more than ₹1.5 trillion ($17.4 billion) from India in the financial year ending March 2025, according to India’s Minister for Electronics and Information Technology, Ashwini Vaishnaw. The announcement highlights the US tech giant’s accelerating shift away from China and towards India as a manufacturing base.

India’s total smartphone exports surpassed ₹2 trillion during the same period, marking a significant 54 per cent year-on-year increase, Vaishnaw said during a media briefing in the capital.