Apple's India iPhone Exports Soar Past $50 Billion Mark, Driven by PLI

• Apple's India-made iPhone exports have exceeded $50 billion under the government's PLI scheme by December 2025, as reported by the Economic Times.
• This milestone was reached with nearly $16 billion in exports during the first nine months of FY26 alone, pushing cumulative shipments past the $50 billion mark.
• Apple's manufacturing in India includes five assembly plants (Tata Group, Foxconn) and a supply chain of around 45 companies, making India the only country outside China to produce iPhones at scale.
• Smartphones, largely driven by iPhone shipments, became India's largest export category in FY25, contributing about 75% of total smartphone exports.
• The government plans to extend support beyond the current PLI scheme, with Apple's vendors and Samsung also selected for the electronics component manufacturing scheme.

Why It Matters: India's PLI scheme has propelled Apple's iPhone exports past $50 billion, establishing India as a major global manufacturing hub.