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Apple exported $6b worth of India-made iPhones in the last six months

Started by DP, October 29, 2024, 07:01:42 PM

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DP

Apple exported $6b worth of India-made iPhones in the last six months

...Apple's iPhone exports from India have reportedly jumped by a third in the six months through September. The iPhone maker has reportedly exported $6 billion worth of its smartphones - estimated factory gate value, not even market value.......The numbers come from people in the know that have revealed them to Bloomberg. This puts annual exports on track to reach the $10 billion in the fiscal 2024.............In a move to reduce its dependence on   China amidst escalating tensions, Apple has rapidly expanded its manufacturing infrastructure in India since it began manufacturing iPhones in the country......

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