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Apple Exports $10 Billion Worth of iPhones from India in H1 FY26, up 75% Year-On-Year

Written by: Akshay ShivalkarUpdated on: 8 Oct 2025, 10:10 pm IST
Apple shipped $10 billion worth of iPhones from India in April–September FY26, a 75% YoY surge driven by new factories and PLI incentives.
Apple Exports $10 Billion Worth of iPhones from India in H1 FY26, up 75% Year-On-Year
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Apple has recorded a major export milestone from India, shipping $10 billion (₹88,700 crore) worth of iPhones in the first half of FY26, according to a report by the Economic Times. This marks a 75% increase compared to the same period last year, underscoring the company’s deepening manufacturing footprint in India under the government’s Production-Linked Incentive (PLI) scheme.

In September alone, Apple exported $1.25 billion worth of iPhones, reflecting a 155% year-on-year jump, even as the company continued to meet strong domestic demand for its newly launched iPhone 17 series.

Expansion of Manufacturing Footprint

The sharp rise in exports follows the commissioning of two new manufacturing units in India, Tata Electronics’ Hosur facility and Foxconn’s Bengaluru plant. With these additions, Apple’s total number of factories in India has increased to five, significantly expanding its local production capacity.

During FY25, Apple’s India facilities collectively produced $22 billion worth of iPhones, of which about 80% were exported. The ramp-up reflects India’s growing importance as a key global production hub in Apple’s supply chain, alongside China and Vietnam.

The expansion aligns with Apple’s broader localisation strategy, which seeks to diversify manufacturing bases and mitigate geopolitical and supply chain risks.

India’s Growing Role in iPhone Exports

A major milestone for India’s electronics manufacturing sector, Apple now ships all iPhone models, including the Pro and Pro Max, from India at the time of global launch. This marks the first time the company’s Indian facilities are part of the simultaneous worldwide rollout.

The government’s PLI scheme has played a pivotal role in this shift by incentivising high-value manufacturing and exports. The surge in iPhone shipments has also pushed India’s overall smartphone exports past ₹1 lakh crore in the first five months of FY26.

This performance consolidates India’s status as a major electronics exporter and underscores the country’s potential as an alternative manufacturing base for global technology giants.

Government Reaction and Industry Impact

Applauding the achievement, IT Minister Ashwini Vaishnaw wrote on X (formerly Twitter):

“Made in Bharat. Trusted globally.”

His remarks reflect the government’s emphasis on making India a global hub for electronics production and exports. The success of Apple’s India operations also signals the effectiveness of policies aimed at promoting domestic manufacturing, job creation, and value addition in high-technology sectors.

With Tata Electronics now emerging as a significant component supplier and assembler, industry experts believe India’s share in global iPhone production could rise further in the coming years.

Read More: India's Smartphone Exports Cross ₹1 Trillion In 5 Months

Conclusion

Apple’s $10 billion export milestone in H1 FY26 marks a major leap in India’s electronics manufacturing journey. The combination of PLI incentives, expanded local facilities, and strong global demand for iPhones has positioned India as a critical node in Apple’s global production network.

As iPhone exports continue to grow, India’s transformation from an import-dependent market to an export-led manufacturing hub gains further momentum, signalling a broader shift toward high-value technology production under the government’s “Make in India” initiative.

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: Oct 8, 2025, 4:28 PM IST

Akshay Shivalkar

Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.

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