iPhone Exports From India Set to Double to $2.5 Billion YoY by March 2023 [Updated]

Apple's iPhone exports from India have amounted to $1 billion in the five months since April, as the country makes headway in its bid to become a major electronics manufacturing hub for Apple (via Bloomberg).

apple india
According to Bloomberg's sources, shipments of India-made iPhones to Europe and the Middle East are set to reach $2.5 billion by March 2023, almost doubling the $1.3 billion worth of iPhones the country exported in the year through March 2022.

While small by China's standards, India's increasing ‌iPhone‌ output signals the strength of Prime Minister Narendra Modi's local manufacturing policies and Apple's willingness to plough investment into the country as an alternative to China's electronics assembly hegemony and the disruptive geopolitical issues that come with it.

"The healthy growth in Apple's manufacturing scale and export shows India is gradually assuming an important position in the company's China plus one strategy," Navkendar Singh, an analyst at tech researcher IDC, told Bloomberg. "And for India, this a big sign of the success of its financial incentives scheme."

Apple's Taiwanese assembly partners Foxconn, Wistron, and Pegatron all have ‌iPhone‌ manufacturing plants in India, where ‌iPhone‌ 11, ‌iPhone‌ 12, iPhone 13, and most recently iPhone 14 models are being produced. Apple recently announced it had begun ‌iPhone 14‌ assembly in the country, while reducing the delay between Chinese and India output from months to weeks.

In diversifying its production lines away from China, Apple is playing a long game that won't see a major impact on its supply chain for many years. Bloomberg recently reported that it would take around eight years to move just 10% of Apple's production capacity out of China, where about 98% of iPhones are still made.

Update 11/5: According to Nikkei Asia, Apple is also asking suppliers to move some AirPods and Beats headphone production to India for the first time, with partners Luxshare and Foxconn poised to switch assembly of said products to the country.

Tag: India

Top Rated Comments

DelayedGratificationGene Avatar
18 months ago
Great job Tim.
Score: 3 Votes (Like | Disagree)
CB1234 Avatar
18 months ago
Once India starts shipping significant percentage of Apple's iPhones, they too will have their own geo political problems, for Apple to deal with..

But this is good news and going forward, perhaps a sign of less dependency on any one country...
Score: 3 Votes (Like | Disagree)
GeoStructural Avatar
18 months ago

But this is good news and going forward, perhaps a sign of less dependency on any one country...

Apparently if I express my preference as a consumer for iPhone production in one country or another it is considered political, so I will refrain. From Apple's viewpoint, not mine, surely diversifying production makes a lot of sense economically.
Diversifying makes a lot more sense geopolitically than economically, but yes, it can potentially save economic losses in undesirable scenarios.

I also believe this is a good move, but anyone who has visited these Chinese industrial areas will be able to recognize that there are big reasons why they dominate manufacturing, they have created their cities for it, policies, rail lines, harbors, and a strong working class ethic.
Score: 3 Votes (Like | Disagree)
Kottu Avatar
18 months ago

majority of indians are too budget sensitive for iphones. not to mention you missed the point of this article completely since its talking about exporting not india domestic consumption.
Yes they are. But the middle class in India is larger than US population. iPhone is becoming more popular among middle and upper class. Many are against Chinese companies so, people who used to buy One+, Xiaomi etc are moving towards Apple and Samsung.
Score: 2 Votes (Like | Disagree)
svish Avatar
18 months ago
Happy to see an increased production of iPhones in India.
Score: 1 Votes (Like | Disagree)
4odomi Avatar
18 months ago

('https://www.macrumors.com/2022/10/04/iphone-exports-india-2-5-bn-march-2023/')

Apple's iPhone exports from India have amounted to $1 billion in the five months since April, as the country makes headway in its bid to become a major electronics manufacturing hub for Apple (via Bloomberg ('https://www.bloomberg.com/news/articles/2022-10-04/apple-iphone-exports-from-india-doubling-in-boon-to-modi-s-plan')).



According to Bloomberg's sources, shipments of India-made iPhones to Europe and the Middle East are set to reach $2.5 billion by March 2023, almost doubling the $1.3 billion worth of iPhones the country exported in the year through March 2022.

While small by China's standards, India's increasing iPhone output signals the strength of Prime Minister Narendra Modi's local manufacturing policies and Apple's willingness to plough investment into the country as an alternative to China's electronics assembly hegemony and the disruptive geopolitical issues that come with it.
Apple's Taiwanese assembly partners Foxconn, Wistron, and Pegatron all have iPhone manufacturing plants in India, where iPhone 11, iPhone 12, iPhone 13, and most recently iPhone 14 models are being produced. Apple recently announced ('https://www.macrumors.com/2022/09/26/apple-manufacturing-iphone-14-india/') it had begun iPhone 14 assembly in the country, while reducing the delay between Chinese and India output from months to weeks.

In diversifying its production lines away from China, Apple is playing a long game that won't see a major impact on its supply chain for many years. Bloomberg recently reported ('https://www.bloomberg.com/news/articles/2022-09-30/apple-s-tech-supply-chain-shows-difficulty-of-dumping-china') that it would take around eight years to move just 10% of Apple's production capacity out of China, where about 98% of iPhones are still made.

Article Link: iPhone Exports From India Set to Double to $2.5 Billion YoY by March 2023 ('https://www.macrumors.com/2022/10/04/iphone-exports-india-2-5-bn-march-2023/')
Like all manufacturers, Apple are just looking for more slave labor ?
Score: 1 Votes (Like | Disagree)

Popular Stories

General Apps Messages

Apple Announces 'Groundbreaking' New Security Protocol for iMessage

Wednesday February 21, 2024 6:00 am PST by
Apple today announced a new post-quantum cryptographic protocol for iMessage called PQ3. Apple says this "groundbreaking" and "state-of-the-art" protocol provides "extensive defenses against even highly sophisticated quantum attacks." Apple believes the PQ3 protocol's protections "surpass those in all other widely deployed messaging apps," according to its blog post:Today we are announcing...
iOS 17

iOS 17.4 Will Add These New Features to Your iPhone

Monday February 19, 2024 6:52 am PST by
Apple last month confirmed that iOS 17.4 will be released in March, and the update includes several new features and changes for the iPhone. Key new features in iOS 17.4 include major App Store changes in the EU and Apple Podcasts transcripts. The update also adds new emoji and includes preparations for the launch of next-generation CarPlay later this year. More details about the new...
samsung galaxy ring

'Apple Ring' Allegedly in Development to Rival Samsung Galaxy Ring

Tuesday February 20, 2024 2:27 am PST by
Apple is speeding up development of a smart ring that can be worn on the finger to track users' health biometrics, claims a new report coming out of Korea. Teaser image of Samsung Galaxy Ring shown at Galaxy Unpacked in January Apple has toyed with the idea of a ring wearable for several years, as indicated by several patents, but with Samsung preparing to bring its own product to market, the ...
volvo s60 drivers apple maps

iOS 17.4 Beta Adds CarPlay Option to Show Upcoming Maneuvers in Instrument Cluster

Tuesday February 20, 2024 10:47 am PST by
The fourth beta of iOS 17.4 that Apple released today adds a new CarPlay feature, according to the notes that Apple provided to developers. In supported CarPlay vehicles, there's now an Apple Maps option to show information about upcoming maneuvers in the instrument cluster. CarPlay users will be able to swap the display type between the main and instrument cluster by tapping on the map...
m3 macbook pro 14 16

Apple Now Selling Refurbished M3 Pro and M3 Max MacBook Pro Models

Monday February 19, 2024 5:04 pm PST by
Apple today began offering refurbished versions of the 14-inch and 16-inch MacBook Pro models with M3 Pro and M3 Max chip options, offering the machines at a discount for the first time since their October 2023 release. The release of M3 Pro and M3 Max models on Apple's refurbished store comes almost two weeks after the entry-level 14-inch M3 MacBook Pro first appeared on the store....
iPad Pro OLED Feature 2

Apple's Upcoming OLED iPad Pro Models Rumored to Be Much Thinner

Tuesday February 20, 2024 1:39 pm PST by
Apple is planning to update the iPad Air and iPad Pro lineups as soon as March, and the new iPad Pro models will be significantly thinner according to dimensions shared by 9to5Mac. Citing sources with knowledge of Apple's plans, the site claims that the larger version will be more than 1mm thinner. The current 12.9-inch iPad Pro measures in at 6.4mm thick, but the new model is said to be 5mm ...
apple wallet drivers license feature

Apple Said iPhone Driver's Licenses Will Expand to These 8 U.S. States

Monday February 12, 2024 7:51 am PST by
In 2021, Apple introduced a feature that lets residents of participating U.S. states add their driver's license or ID to the Wallet app on the iPhone and Apple Watch, providing a convenient and contactless way to display proof of identity or age. Unfortunately, states have been slow to adopt the feature since it was first announced in September 2021, with IDs in the Wallet app only available ...