Apple has reached over ₹1 lakh crore in iPhone exports from India in 2024.
iPhone exports from India.
2023: $9 billion
2024: $12.8 billion
Mahendra Lochhab
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According to a report, smartphone's demand is decreasing in India. But exports are growing so this is good news for India's electronics manufacturing.
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India's exports to the United States reached $77.5 billion in the fiscal year 2024, reflecting steady growth over the past three decades at a compound annual growth rate of 10.3%, according to a Bank of Baroda report. The key export items during FY24