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Ashwini Vaishnaw hails milestone as Apple ships $50 billion worth of iPhones from India in 2025
BusinessLine· 2026-01-05 07:40
Core Insights - Apple Inc. exported iPhones worth $50 billion from India in 2025, highlighting a significant achievement for the country's manufacturing sector [1][2] - The growth is attributed to the 'Make in India' initiative and the transition towards a producer economy [1][2] Electronics Production Growth - Electronics production in India has increased six times over the last 11 years, with exports growing eight times under the leadership of PM Modi [3] - Electronics products have become one of the top three exported items from India [3] Employment and Manufacturing Capacity - The electronics manufacturing sector currently supports 2.5 million jobs, with some factories employing over 5,000 people at a single site, and certain plants employing as many as 40,000 [4] - The establishment of 46 component manufacturing projects has positioned electronics as a major driver of the manufacturing economy [3] Future Aspirations - India aims to become a significant player in the entire electronics stack, including design, manufacturing, operating systems, applications, materials, and equipment [5]