India's iPhone production reached a freight-on-board (FoB) value of $10 billion (approximately Rs. 84,000 crore) between April and October of FY25, according to IT Minister Ashwini Vaishnaw, who cited a Business Insider report. This marks a 37 percent growth compared to the same period in FY24, driven by the government's production-linked incentive (PLI) scheme. A significant portion of the iPhones produced was exported to international markets, while a smaller share catered to domestic demand for Apple's devices.

iPhone production grows in India
In a post on X (formerly Twitter), IT Minister Ashwini Vaishnaw referenced a report highlighting Apple's growing production in India. The Cupertino-based tech giant's $10 billion (Rs. 84,000 crore) FoB production is estimated to generate a value of $15 billion when factoring in sales, distribution, marketing, logistics, and margins.

Record-breaking numbers in October
iPhone exports reached a total value of approximately $7 billion (around Rs. 59,000 crore). The report highlighted October as a standout month in FY25, with production hitting $2 billion (around Rs. 16,000 crore) in just one month—a significant milestone for Apple in India.

Key players driving growth
The government’s PLI Scheme is credited with significantly boosting Apple’s growth in India. Data submitted by participating firms indicates that Foxconn has emerged as Apple’s leading iPhone manufacturer in the country, contributing 56 percent of the company’s total production capacity. Tata Group, following its acquisition of the Wistron plant, accounts for 30 percent, while Pegatron, a Taiwanese firm, makes up 14 percent. This expansion has also led to the creation of 175,000 jobs in India over the past four years, with women filling over 72 percent of these positions.