Apple's India iPhone Exports Surge to $6 Billion, Reducing China Dependency

Apple's strategic manufacturing shift to India sees a 33% increase in iPhone exports, aiming to diversify its supply chain amid US-China tensions.

Apple's iPhone exports from India reached nearly $6 billion in the first half of the fiscal year, marking a 33% increase compared to the previous year.
India's manufacturing expansion is driven by local subsidies, a skilled workforce, and improved technological infrastructure.
Key suppliers, including Foxconn, Pegatron, and Tata Electronics, are instrumental in Apple's Indian manufacturing efforts, with Foxconn leading production.
Smartphones have become India's top export to the US, with iPhones accounting for a significant portion of this growth.
Apple's increased focus on India includes opening new retail stores and producing high-end models, contributing to record annual revenue of $8 billion in the country.