Oct 4 (Reuters) – Apple Inc’s (AAPL.O) iPhone exports from India crossed $1 billion in 5 months since April, Bloomberg Information reported on Tuesday, reflecting the tech huge’s rising guess on the South Asian nation amid New Delhi’s push for native manufacturing.
The outbound shipments of India-made iPhones, primarily to Europe and The center East, are set To Obtain $2.5 billion Inside the 12 months by way of March 2023, virtually double when As in contrast with the yr by way of March 2022, the report said, citing sources.
Apple started making the iPhone 13 in India earlier this yr, and The agency introduced final week its plans To fabricate The latest iPhone 14. The tech huge has been manufacturing iPhones in India from 2017.
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