The big $10 billion: India sets iPhone exports record
New Delhi: Apple has clocked a record $10 billion (about ₹88,730 crore, current currency conversion) worth of iPhone exports from India in the first six months of this fiscal, up 75% from $5.71 billion in the year-ago period, officials aware of details told ET.
In September alone — traditionally a lean period, along with August, as users await new models — Apple clocked outward shipments worth $1.25 billion. This was despite massive domestic demand for the latest iPhone 17 series, which is catered to by India, the people said. This September was a whopping 155% jump from $490 million exports in the month last year, show data available with ET.
