India's iPhone Exports Soar to $50 Billion Under PLI Scheme

• Apple's iPhone exports from India reached $50 billion by December 2025 under the PLI scheme, a record since FY22.
• Mobile phones, primarily iPhones (75%), became India's top export category in FY25, rising from 167th in 2015.
• Apple operates five iPhone manufacturing facilities in India (Tata Group, Foxconn), supporting a supply chain of ~45 companies.
• The smartphone PLI scheme ends next March; discussions are ongoing for a new incentive framework to boost manufacturing.
• Samsung exported $17 billion under PLI (FY21-FY25); both Apple's vendors and Samsung are now part of the electronics component manufacturing scheme.

Why It Matters: India's PLI scheme significantly boosted iPhone exports, making mobile phones a top export category.