iPhone becomes India’s top single export item

Five iPhone assembly plants — three operated by Tata Group entities and two by Foxconn — supported by a supply chain of around 45 companiesApple 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. Smartphones were India’s top export category for the first time, surpassing au ...