mobile press office,The well-known technology company Apple has set a new record. Apple has set a new record of nearly Rs 60,000 crore in iPhone exports from India in the first seven months of the current financial year (FY 25). According to industry data, between April and October, the company exported iPhones worth over $7 billion, or around Rs 60,000 crore, which equates to exports worth around Rs 8,450 crore every month in the current financial year. Let us know.
Exporting iPhone 16 models
Let us tell you that this time the company is exporting the latest iPhone 16 model from India apart from the iPhone 15 and 14 series models. Talking about last year, Apple exported iPhones worth more than 10 billion dollars. This year, the company crossed 70 percent of that figure in just 5 months. This time, the company is gearing up to create a new export record through the government’s ‘Make in India’ program and Production-Linked Initiative (PLI).
What do the 2023 figures say?
Let us tell you that Apple assembled iPhones worth $14 billion in India in the last fiscal year, while devices worth over Rs 10 billion were exported. At the same time, iPhone exports from India increased from $6.27 billion in 2022-23 to cross the $10 billion mark in 2023-24.
Between July and September, Tim Cook’s company recorded the highest turnover ever recorded in India. Cook said we are encouraged by the enthusiasm we are seeing in India, where we have set the largest revenue record ever. Let us tell you that Apple has two retail stores in India including New Delhi (Saket) and Mumbai (BKC). The company is expected to open four new stores in the coming days. An IDC report says Apple recorded its largest-ever quarterly shipment in India with 4 million units in the third quarter (Q3) 2024. Apple has become the second largest player in the online channel. The most shipped devices included the iPhone 15 and iPhone 13.
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