₹1 lakh crore iPhone exports

Apple Hits ₹1 Lakh Crore Milestone In iPhone Exports From India In 2024

Apple has achieved a groundbreaking ₹1.08 lakh crore ($12.8 billion) in iPhone exports from India in 2024, marking a 42% year-on-year increase, according to preliminary industry estimates. This success is attributed to increased local production and the government’s smartphone production-linked incentive (PLI) scheme. India’s iPhone production surged by 46% to...