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Apple iPhone Production in India Reaches Rs 84,310 crore

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Apple iPhone Production in India Reaches Rs 84,310 crore

New Delhi: The production of iPhones in India has seen remarkable growth. Between April and October of the current fiscal year, iPhones valued at $10 billion (approximately Rs 84,310 crore) were assembled in the country at factory gate prices.

Union Minister Ashwini Vaishnav mentioned on his X account that if we factor in sales, distribution, marketing, profits, and logistics costs, the total value of these iPhones could rise to $15 billion.

Additionally, Apple has exported iPhones worth $7 billion from India to other countries. Currently, iPhones valued at $2 billion are being assembled in India each month.

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