Apple exported ‘India-made’ iPhones worth Rs 65K crore in 2023

As India doubles down on local manufacturing, Apple assembled iPhones worth more than Rs 1 lakh crore in India in 2023, according to industry data.

Industry sources told IANS on Tuesday that out of Rs 1 lakh crore, Apple exported



iPhones worth approximately Rs 65,000 crore to other countries.

However, according to industry sources, the actual market value of the iPhones manufactured/assembled in India could be much higher, depending on taxes in other countries.