Techonology

Apple exported iPhones of IN 1.5 trillion from India in FY25: Union Minister Ashwini Vaishnav | Mint

Apple Inc. Exports of more than iPhones According to India’s Electronics and Information Technology, Ashwini Vaishnav, 1.5 trillion ($ 17.4 billion) from India in the financial year ending March 2025. This announcement highlights the US tech giant away from China and as a manufacturing base towards India.

India’s total smartphone has crossed exports During the same period, 2 trillions, marking a significant 54 percent increase from year to year, said during a media briefing in the capital.

Growing footprints of apples in India

Apple’s growing footprint in India follows serious disintegration for its manufacturing works in China, which is caused by tough covid-related lockdowns. The company has since taken forward efforts to diversify its production line.

Major apple suppliers such as Foxconn and Tata Group are increasing local production capabilities. Tata’s Electronics Arm has acquired the facilities owned by Wistron and Patron, which further strengthens its role in Apple’s India strategy.

Meanwhile, geopolitical stress and trade policy change are adding urgency to Apple’s diversification schemes. US President Donald Trump’s tariff on Chinese goods – and the risk of additional levy is as high as 50 percent high – naked multinational firms like Apple to reduce their dependence on Chinese factories. While Apple is expected to continue parts of its supply chain in India and Southeast Asia, analysts say that a complete transfer away from China is not likely to be likely in the near period.

Reports suggest that Apple is increasing its Indian production for the US market, the fears of Tariff Hike and adjusting their inventory strategy accordingly. In particular, the United States is expected to impose a mutual tariff of about 27 percent on Indian goods, which is much lower than the rate on Chinese imports.

In a dramatic step to overcome fresh import duties, Apple has also allegedly flown five cargo aircraft packed with iPhones and other products from the United States to the United States, during the last week of March.Times of India (toi),

According to a senior Indian official times of IndiaThe urgency was operated by a new 10 percent mutual tariff introduced by the Trump administration, which came into force on 5 April.

(With input from Bloomberg)

US (T) iPhone Exports FY2025 (T) India Electronics Exports (T) Apple India Supply Chen (T) mutual tariff US India (T) Apple Southeast Asia Production (T) Apple Inventory Strategy (T) Apple Export Groth
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