Apple's iPhone exports from India almost doubled to USD 12.1 billion in FY24: Trade Vision
Apple's presence on the industry, driving growth and innovation in the Indian manufacturing ecosystem, the company stated. Apple's iPhone exports from India witnessed a staggering increase from USD 6.27 billion in the fiscal year 2022-23 to USD 12.1 billion in 2023-24, representing a massive surge of nearly 100 per cent. This exponential growth underscores the pivotal role that India now plays in Apple's global supply chain, The Trade Vision LLC stated.
Image Courtesy: Reuters.