Riding on the government’s production-linked incentive (PLI) scheme, Apple has reached all-time high iPhone export figures from India at Rs 1 lakh crore for the 10 months (April-January) in the current financial year (FY25).<\/p>\n
According to industry data, in the month of January, the iPhone exports reached around Rs 19,000 crore, an all-time high.<\/p>\n
The overall iPhone exports from the country grew more than 30 per cent in the 10 months this fiscal (April-January 2025) compared to the same period last fiscal (Rs 76,000 crore).<\/p>\n
“Another record performance under PLI scheme. PLI propels iPhone exports past Rs 1 lakh crore in just 10 months of FY25,” Union Minister for Railways and Electronics and IT, Ashwini Vaishnaw, posted on X social media platform on Monday. <\/p>\n
“Overall smartphones expected to cross Rs 2.25 lakh crore in FY25,” the union minister informed.<\/p>\n
More than 325 to 330 million mobile phones a year are being manufactured in India and on average there are about a billion mobile phones in use in India.<\/p>\n
India is a huge market for Apple and “we have achieved a December quarter growth record where the iPhone was the top selling model in the country for the October-December period of 2024,” Apple CEO Tim Cook said last month.<\/p>\n
He further stated that the iPhone was the top selling model in India for the December quarter.<\/p>\n
Notably, iPhones registered 7 per cent India smartphone market share in 2024, rising on robust local production and growing premiumisation trend in smaller cities. On year-on-year basis, iPhones registered 23 per cent growth and iPads an impressive 44 per cent growth in the country, according to data shared by CyberMedia Research (CMR). <\/p>\n
In the October-December quarter (Q4) of 2024, Apple, with its aspirational image and rising footprint, entered the top 5 smartphone players in India for the first time, garnering nearly 10 per cent market share by volume.<\/p>\n
Apple’s India shipments were set to cross 11 million marks in 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"
Riding on the government’s production-linked incentive (PLI) scheme, Apple has reached all-time high iPhone export figures from India at Rs 1 lakh crore for the 10 months (April-January) in the current financial year (FY25). According to industry data, in the month of January, the iPhone exports reached around Rs 19,000 crore, an all-time high. The overall iPhone exports from the country grew more than 30 per cent in the 10 months this fiscal (April-January 2025) compared to the same period last fiscal (Rs 76,000 crore). “Another record performance under PLI scheme. PLI propels iPhone exports past Rs 1 lakh crore […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-904469","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/904469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=904469"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/904469\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=904469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=904469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=904469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}