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Last Updated:April 30, 2026, 4:42 PM IST Overall smartphone exports from India stand at about Rs 2.6 lakh crore ($29.4 billion) during FY26. iPhone shipments rose from Rs 9,351.6 crore in FY22 to Rs 44,269.5 crore in FY23, before climbing to Rs 85,013.5 crore in FY24 and Rs 1.5 lakh crore in FY25 as the…
Apple is expanding its manufacturing presence in India. The Cupertino giant now manufactures 25 percent of all iPhones in the country, as per reports. This is part of the company’s strategy to reduce its dependence on China, particularly in response to US tariffs and ongoing trade tensions. According to a report by Bloomberg, Apple assembled…
Bengaluru50 minutes ago Copy link Bangalore has the second largest manufacturing site of Foxconn outside China, with an invested of around Rs 25,000 crore. Foxconn, a smartphone maker for Apple, has started production of iPhone 17 in India. According to the Economic Times report, this production has started in the new plant in Bengaluru. In…