iPhone exports under PLI double to $10 bn in a year
Business Standard|April 15, 2024
Exports expected to cross 80% of its production
SURAJEET DAS GUPTA
iPhone exports under PLI double to $10 bn in a year

Apple has set a new record by exporting $10 billion worth of iPhones from India during FY24, according to data provided to the government - a 100 percent increase over the previous financial year under the Production-Linked Incentive (PLI) scheme.

In terms of consumer products, this constitutes the largest-ever export of a single branded product by any company from India.

iPhone exports accounted for 70 percent of Apple's total production in FY24.

Of the three suppliers, Foxconn exported 60 per cent of its total iPhone output; Pegatron 74 percent; and Wistron (now the Tatas) 97 per cent. Apple's total iPhone production by its three suppliers touched $14 billion during the financial year. A spokesperson of Apple Inc. did not comment on the numbers.

この記事は Business Standard の April 15, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Business Standard の April 15, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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