Overview
- Officials say nearly $16 billion in iPhones were exported in the first nine months of FY26, taking cumulative shipments past $50 billion with three months still remaining in Apple’s eligibility period.
- Apple’s footprint now includes five assembly plants—three operated by Tata and two by Foxconn—backed by about 45 suppliers producing components for domestic use and export.
- iPhones account for roughly 75% of smartphone export value, helping make smartphones India’s top export category in FY25.
- By comparison, Samsung exported about $17 billion worth of devices during its five-year participation from FY21 to FY25 under the same incentive scheme.
- The government reports electronics production up sixfold and exports up eightfold over 11 years, has cleared 46 component projects, and says four semiconductor plants will start commercial production in 2026.