iPhones Sold

97 Percent of iPhones Sold in the US Are Exported from India, Generating ₹27,000 Crore in Just Two Months

97 Percent of iPhones Sold in the US Are Exported from India, Generating ₹27,000 Crore in Just Two Months

Anthony Lane

Between March and May 2025, Foxconn shipped $3.2 billion (~₹27,500 crore) of Indian-made iPhones—97 percent of which went to the U.S.—surpassing 2024’s annual exports in just five months. Backed by ₹22,919 crore in PLI incentives, new electronics clusters, and sustainability programs, India is evolving from a contract manufacturer into a high-tech powerhouse, driving growth in semiconductors, AI-powered production, and green energy. This detailed guide explores the strategy, challenges, and future outlook.