Apple’s India iPhone Exports Soar 75% in H1 FY26

In Focus

• Apple India export growth FY26 jumps ~75% in H1 to reach USD 10 billion
• September export alone surges 155% YoY to USD 1.25 billion
• New factories in Hosur and Bengaluru bolster India’s role in Apple’s global supply chain
• Analysts forecast “made-in-India iPhones to account for 25% to 30% of global shipments in 2025”

Apple’s iPhone exports from India surged to USD 10 billion in the first half of FY 26, marking a ~75% year-on-year rise, driven by expansion across its Indian manufacturing network according to Angel One.

In September 2025 alone, outward shipments hit USD 1.25 billion, representing a 155% jump over September 2024. The growth underscores India’s growing importance in Apple’s global export strategy. Recently, Apple has achieved a milestone in its India operations, with annual revenue climbing to nearly $9 billion in FY25.

Strategic Scale-Up Anchors Export Growth

India now hosts five iPhone assembly facilities, including new plants in Hosur (Tata Electronics) and Bengaluru (Foxconn), which came online in April 2025. The ramped capacity enables Apple to launch all models, including Pro and Pro Max, simultaneously from India for global markets, eliminating earlier delays. According to industry officials, in FY 25 Apple’s India production stood at USD 22 billion, with ~80% of that output destined for export.

India’s push under its PLI (Production-Linked Incentive) scheme is central to this trajectory. The PLI program provides financial incentives to smartphone and electronics manufacturers based on incremental output, encouraging high-value, export-oriented operations. Observers attribute Apple’s sharp export rise directly to this policy support.

Quoted Insights & Forward Forecasts

Prachir Singh, senior analyst at Counterpoint Research, offers a forward-looking view: “We expect made-in-India iPhones to account for 25% to 30% of global iPhone shipments in 2025, as compared to 18% in 2024.” as stated by Reuters.

In FY 25, India’s iPhone exports soared to USD 17.47 billion (Rs. 1.5 lakh crore), exceeding Apple’s PLI target by nearly twofold as reported by India Brand Equity Foundation.

These data points reinforce the view that Apple’s India export pivot is not just tactical but structural, tied to evolving global trade and tariff dynamics.

Implications for B2B & Tech Ecosystem

Apple’s export momentum from India is steadily transforming the country’s electronics and supply-chain landscape. The shift positions India not merely as an assembly destination but as a central node within Apple’s global manufacturing and export network. On September 9, 2025, Apple introduced the iPhone 17 series, AirPods Pro 3, and Apple Watch Series 11, marking a significant evolution in the company’s product lineup.

This development is also stimulating growth across related industries, with local component producers, logistics providers, and packaging companies increasingly integrated into Apple’s supply chain.

However, external variables such as evolving tariff frameworks and trade policy adjustments, particularly those in the United States, remain potential influences on sourcing and export strategies. Apple has also urged the EU to repeal the Digital Markets Act after formally requesting European Union authorities to review the legislation.

Moving Forward

The remarkable scale-up in Apple India export growth FY26 signals that India has entered Apple’s strategic inner circle of manufacturing and export bases. For the B2B sector, this bodes well for ancillary industries (components, testing, logistics) and strengthens India’s credentials as a global electronics export hub. As global trade tensions evolve, Apple’s India model may well become a reference case in relocating high-tech supply chains.