Blitz Bureau
New Delhi In yet another success story showcasing India’s manufacturing push, iPhone maker Apple has achieved record exports numbers in the April-June quarter in the country, reaching around $3.8 billion. Riding on the Government’s production-linked incentive (PLI) scheme, Apple reached a new all-time high in the Q1 FY25, according to industry data.
In the last fiscal (FY24), the Cupertino-based tech giant saw its sales hitting new highs amid increased manufacturing and a growing premiumisation trend. The tech giant saw robust around $8 billion sales in India in the last fiscal — a nearly 33 per cent surge (on-year).
This marked growth came amid the premiumisation trend that has solidified in the world’s second-largest smartphone market. According to industry estimates, iPhone shipments are projected to increase by over 20 per cent this year on the back of domestic manufacturing support and strong distribution.
Industry experts said that Apple continues to enjoy the strong brand pull and lately expanding its channel presence in the country which helped it to grow further.
