Business

Make in India booster: iPhone exports hit record about $10 billion in April-Sep

October 08, 2025

New Delhi, Oct 8

In a fillip for ‘Make in India’ and the production-linked incentive (PLI) schemes, tech giant Apple has registered iPhone exports worth about $10 billion or more than Rs 88,500 crore from the country in the April-September period in the current financial year, according to industry estimates.

This is a 75 per cent growth in iPhone exports from India compared to the same period last fiscal (FY25), the estimates suggested.

“Made in Bharat. Trusted globally,” said IT Minister Ashwini Vaishnaw in a post on X on Wednesday.

As per industry data, Apple shipped iPhones worth $1.25 billion in September alone -- a massive surge from $490 million exports in the same month last year.

Meanwhile, led by Apple, India’s smartphone exports crossed Rs 1 lakh crore in value in the first five months of FY26, setting a new record, according to industry estimates. The smartphone export figure represented a 55 per cent increase -- from Rs 64,500 crore during the same period last fiscal (FY25).

 

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