Overview

• Exports to the United States totaled over Rs 23,112 crore in FY25, signaling a sharp pivot toward Apple’s biggest market.
• Consolidated operating income rose to about Rs 66,206 crore from Rs 3,752 crore a year earlier, according to the company’s filings.
• Tata expanded iPhone assembly capacity by acquiring Wistron’s India plant in March 2024 and taking a 60% stake in Pegatron Technology India in January 2025.
• Pegatron India, now a Tata unit, reported FY25 revenue of Rs 34,264 crore, up 84%, with net profit of Rs 633 crore, RoC records show.
• Industry analysis links the export surge to Apple’s diversification from China and efforts to mitigate tariff exposure by building up production in India.