‘Made in India’ iPhones see 30% jump in exports: Three companies driving this growth
Apple’s exports of India-made iPhones nearly reached $6 billion in six months by September 2024, a 30% increase from last year. Foxconn, Pegatron, and Tata Electronics drive this growth, with Tata contributing $1.7 billion. India’s smartphone exports to the US surged, iPhones worth $14 billion were assembled in India in FY 2024.