iPhone Exports From India Reaches USD 5 Billion During April-August Period, Grows 50% Compared to First 5 Months of FY24: Report
Driven by the production-linked incentive (PLI) scheme, Apple has reached around $5 billion in iPhone exports from India in the April-August period this fiscal. According to industry data, this is a growth of over 50 per cent from the same period of first five months in FY24.
New Delhi, September 11:슬롯 머신 사이트 추천Driven by the production-linked incentive (PLI) scheme, Apple has reached around $5 billion in iPhone exports from India in the April-August period this fiscal. According to industry data, this is a growth of over 50 per cent from the same period of first five months in FY24. With the country set to commence production of the flagship iPhone Pro and Pro Max models, the value of iPhone exports is going to jump further in the festive quarter and months ahead, according to the industry analysts.
The new iPhone 16 series will be available in the country from September 20 at attractive financing options and other offers. According to Union Railways and Electronics and IT Minister, Ashwini Vaishnaw, Apple슬롯사이트s latest iPhone 16 is being produced and launched globally from the Indian manufacturing plants. 슬롯사이트Prime Minister Narendra Modi슬롯사이트s 슬롯사이트Make in India슬롯사이트 initiative is now driving the creation of iconic products for the world,슬롯사이트 the minister posted on X social media platform.슬롯 머신 사이트 추천iPhone 15 Pro, iPhone 15 Pro Max, iPhone 13 Discontinued From Apple Store After iPhone 16 Launch, iPhone 14, iPhone 14 Plus Prices Reduced.
iPhone exports continue to clock around $1 billion each month thanks to the government슬롯사이트s PLI scheme. The iPhone exports from India surged sharply to $12.1 billion in 2023-24 from $6.27 billion in 2022-23. Overall, the company슬롯사이트s India operations reached 23.5 billion dollars in value in the last fiscal (FY24). The company슬롯사이트s revenues in India are likely to grow 18 per cent (year-on-year) in 2024 and the new iPhone 16 series would help the company further solidify its presence in the country, along with boosting its exports figures.슬롯 머신 사이트 추천iPhone 16 Being Produced and Launched Globally From Indian Factories Under 슬롯사이트Make in India슬롯사이트 Initiative: Union Minister Ashwini Vaishnaw.
Last year, Apple clocked almost 10 million iPhone sales in India, its highest ever in the country. This year, thus figure is set to grow to over 13 million units. iPhone factories in the country are set to hire more than 10,000 people directly in the peak festival period. Apple aims to manufacture more than 50 million iPhones in India per year, as it aims to shift some of the production out from China. Tata Electronics, which runs two plants for Apple, is the biggest job creator in the Apple ecosystem, along with Foxconn and Pegatron
(The above story first appeared on LatestLY on Sep 11, 2024 11:17 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).