India Made Record With Rs 2 Lakh Crore Smartphone Exports, Contribution of iPhone Shipments 75 Percent

In the last financial year, the export of smartphones from the country has increased to about two lakh crore rupees. This is an increase of about 54 percent on a year-on-year basis. Smartphone companies including Apple and Samsung have increased their manufacturing and exports in the country to take advantage of the Central Government’s production-linked incentive (PLI) scheme.

Electronics and It Minister Ashwini Vaishnaw said that the iPhone is about Rs 1.5 lakh crore in the export of smartphones. He said that guidelines will be released in the next few weeks for the government’s electronics components scheme of Rs 22,919 crore. The manufacturing of iPhone has increased rapidly in the last few years in the country. Apple’s contract manufacturer FoxConn had assembled about 1.2 million iPhones in the country last year. This year, Foxconn plans to assemble about three million units of iPhone.

Manufacturing is being tried by Foxconn in a factory near Bengaluru in Karnataka. This trial is being done for the first phase of the plan to increase the manufacturing of iPhone in the country. In this trial, it is being investigated whether this factory can manufacture a large number of iPhone with a large number of iPhone’s manufacturing with the tight parameters of Apple. In this year’s budget, Foxconn can benefit from the announcement of tax exemption on the import of smartphone parts. Apple plans to start manufacturing airpods, macbook and iPad in the country. There is a preparation to start manufacturing airpods for export at Foxconn’s Hyderabad plant. The company plans to shift some part of its manufacturing in China. Manufacturing of the company’s wireless earphones in the country will be an important step in this. About two years ago, Foxcony approved an investment of about 400 million dollars for manufacturing airpods in Hyderabad.

Apple’s affordable iPhone 16E, launched in February, has started assembling in India. It will replace the iPhone SE introduced about three years ago. Along with the sale of iPhone 16E being assembled in the country, some countries will also be exported to some countries. The company’s iPhone 16 series is also assembling in the country.