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HomeDigit NewsiPhones worth more than $1 billion exported from India in five months

iPhones worth more than $1 billion exported from India in five months

China has ceased to be the only country where iPhones are produced. According to media reports, iPhone exports from India from April to August amounted to more than $1 billion. And by March next year, the volumes can grow to $2.5 billion. It is reported that Indian-made iPhones are sold in Europe and the Middle East.

So far, India produces only a small part of the devices, but Apple is actively looking for alternatives to China, and the process has been going on for the past few years. Production is carried out by Foxconn, Wistron and Pegatron, whose factories are located in southern India. According to the source, about 3 million iPhones were produced in India last year, while in China it was 230 million.

From April to August 2022, the iPhone 11, 12 and 13 were exported from India, but the turn of the iPhone 14 will soon come. This model was launched there at the end of September. At the same time, the Indian government wants to stimulate the production of MacBook and iPad in their country, and also intends to invite other companies and brands to host production.

It is noted that so far there is no full-fledged replacement for China in this regard. It takes about 8 years to withdraw from China only 10% of the production capacity for the production of the iPhone. And in China, about 98% of Apple smartphones are currently manufactured. Note that the start of the transfer of iPhone production to India reported back in March.

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