In a significant development for India’s electronics manufacturing sector, Apple Inc. has ramped up its iPhone exports from the country amidst global trade uncertainties. The move comes at a time when geopolitical shifts and rising tariffs are forcing tech giants to reconsider their supply chain strategies.
Apple’s iPhone exports from India have shown a sharp increase, rising from ₹11,000 crore in March FY24 to ₹20,000 crore in March FY25. For the full financial year, total exports surged to ₹1.5 lakh crore from ₹85,000 crore the previous year. A substantial share of these exports was directed towards the United States just ahead of new import tariffs announced by President Donald Trump on April 2.
Both India and China, the only two countries where iPhones are manufactured, have been hit with US tariffs of 26% and 54% respectively. While these measures have disrupted global trade sentiment, Apple is reportedly taking a cautious approach and is unlikely to make immediate changes to its production or supply chain plans over the next several weeks.
In anticipation of global trade disruptions, Apple had already begun expanding its manufacturing footprint in India during 2024. Backed by the Indian government’s production-linked incentive (PLI) scheme, the company has steadily shifted some of its operations away from China.
As per news reports, Apple is currently in discussions with major Indian industrial groups to locally source iPhone components such as mechanical parts. Several Indian firms have also entered joint ventures and partnerships to support Apple’s growing production requirements, underlining the country’s increasing importance in the brand’s global strategy.
Apple’s soaring iPhone exports from India reflect not only the changing dynamics of international trade but also the country’s rising role in global electronics manufacturing. As the company navigates the uncertainties of global tariffs and supply chain disruptions, India stands poised to play a more central role in its production ecosystem.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Published on: Apr 8, 2025, 2:07 PM IST
Team Angel One
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