Export Of Apple iPhones From India Doubled In Fiscal Year 2023-24: Report

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In the fiscal year 2023-24, Apple’s iPhone exports from India were recorded to have doubled to $12.1 billion. As per The Trade Vision, in the previous fiscal year, it was $6.27 billion. The total smartphone exports from India in 2023-24 is $16.5 billion, which was $12 billion in the preceding fiscal year. This highlights the presence of Apple and its huge impact on the Indian manufacturing industry. Looking at the data, Apple’s iPhones witnessed a massive surge of about 100 percent in exports from India in fiscal year 2023-24. The Trade Vision LLC stated that this staggering growth underscores the...