Apple's iPhone exports from India cross $50 billion under PLI scheme

iPhone becomes India's top single export item worth $23 billion last year

Apple Inc.'s iPhone became India's top single export item in 2025, with shipments worth $23 billion, largely to the US, driven by the government's PLI scheme and supply chain diversification from China. Smartphones emerged as India's leading export category with Apple contributing 76 per cent. Feb 23, 2026