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Apple India's iPhone Suppliers Achieve Over 20% Domestic Value Addition

Written by: Team Angel OneUpdated on: 16 Jun 2025, 8:18 pm IST
Apple’s iPhone suppliers in India have reportedly crossed the significant mark of 20% domestic value addition.
Apple India's iPhone Suppliers Achieve Over 20% Domestic Value Addition
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Apple’s expanding manufacturing ecosystem in India has reached a significant milestone, with its local suppliers reportedly crossing the 20% domestic value addition (DVA) mark across iPhone models. This development highlights India’s increasing importance in Apple’s global operations, both as a major production hub and a strategic export base. With rising exports, new sourcing partnerships, and expanded after-sales services, India is fast emerging as a key player in the tech giant’s global supply chain.

iPhone Exports Surge as DVA Crosses 20% Threshold

India’s iPhone suppliers, including key contract manufacturers like Foxconn, Tata Electronics, Dixon, Pegatron and Wistron (now acquired by Tata), have reportedly surpassed the 20% domestic value addition (DVA) benchmark across iPhone variants. As per Business Standard reports citing official government documents, this milestone aligns with Apple’s sharp 76% year-on-year increase in iPhone exports from India in FY25, amounting to ₹1.50 Lakh Crore in free on board (FOB) value.

Additionally, it is reported that Taiwanese major Foxconn alone exported iPhones worth $3.2 billion from India, with an impressive 97% of the devices shipped to the United States, significantly up from the average 50.3% recorded in 2024. The DVA achievement reflects the growing depth of Apple’s manufacturing ecosystem in India and its efforts to reduce dependence on China.

Expansion Plans in Camera Modules and Repair Services

Alongside its manufacturing efforts, Apple has initiated discussions with Murugappa Group and Titan to locally source camera modules for its iPhones, signalling deeper integration of Indian companies in its component supply chain. In parallel, Apple is in talks with Dixon Technologies to expand its iPhone assembly line further in India.

Moreover, Apple has reportedly partnered with Tata Group to manage its iPhone and MacBook after-sales repairs in India. As per Business Standard reports, Tata is set to take over these operations from Wistron’s Indian subsidiary, ICT Service Management Solutions. This shift marks another step in Apple’s increasing localisation efforts and highlights India’s rising importance in the company’s global servicing strategy.

Read More: Apple Stock Falls After WWDC 2025 as AI Announcements Disappoint Investors!

Conclusion

Apple’s increased manufacturing and export footprint in India, supported by rising domestic value addition and deeper industry tie-ups, underscores a strategic pivot towards India as a key production and service hub in its global ecosystem.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jun 16, 2025, 2:48 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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