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🚀 India’s iPhone Exports Hit ₹1 Trillion in 10 Months of FY25! India is making big moves in global electronics manufacturing as Apple shifts production from China. Here’s why India is becoming a key player: ✅ Government Support: The Production-Linked Incentive (PLI) scheme gives 4-6% incentives on sales, making local manufacturing more profitable. ✅ Apple’s Strategy: With rising geopolitical tensions, Apple is reducing dependence on China and expanding in India. ✅ Growing Expertise: India’s role in iPhone production is increasing—local value addition has grown from 5-6% in 2020 to 15-18% in 2025. ✅ Strong Partnerships: Apple’s contract manufacturers like Foxconn, Tata Electronics, and Pegatron are scaling up production, driving exports to record levels. As India attracts more global tech giants, what policy changes or investments do you think can further boost India’s manufacturing growth? #Apple #MakeInIndia #Manufacturing #iPhone #Economy #PLI #SupplyChain #India
Software Engineer • 1y
India's Software vs Hardware Exports, 2022. Government's PLI Scheme can be clearly seen working for Computer Hardware Manufacturing in India. From almost negligible exports in 2000s to $13 Billion in exports in 2022. India is certainly late in Manuf
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The Indian Cabinet has approved a PLI scheme worth ₹22,919 Cr to accelerate the growth of electronic manufacturing in India. This initiative aims to strengthen the industry, create jobs, and boost India’s position in the global supply chain. #Start
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