New Delhi: riding on the government’s production-linked incentive (pli) scheme, apple has reacted all-time high iPhone expenses from expert Figures from India at RS 1 Lakh Crore for the 10 months analysis .
According to industry data, in the month of January, the iPhone expenses reached Around Rs 19,000 Crore, an all-time high. The Overall iPhone Exports from the Country Grew More Than 30 per cent in the 10 months this fiscal (April-January 2025) Compared to the same period last financial (Rs 76,000 Crore).
“Another record performance under pli scheme. Pli propls iPhone expenses past Rs 1 lakh Crore in just 10 months of fy25, “Union Minister for Railways and Electronics and It, It, Ashwini Vaishnaw, Posted on X Social Meedia Platformm On Monnday.
“Overall smartphones expected to cross Rs 2.25 lakh Crore in FY25,” the union minister informed. More than 325 to 330 Million Mobile Phones a Year Are Being Manufactured in India and on Average there are about a billion mobile phones in use in India.
India is a huge market for Apple and “we have achieved a December quarter growth record where the iPhone was the top selling model in the country for the October-December period of 2024,” Apple CEO Tim Cook said last month.
He further stated that the iPhone was the top selling model in India for the December Quarter. Notably, iPhones registered 7 per cent India Smartphone Market Share in 2024, Robust Local Production and Growing Premiumsation trend in Smaller Cities.
On Year-On-Year Basis, iPhones registered 23 per cent growth and iPads an impressive 44 per cent growth in the country, according to data shared by cybermedia research (cmr).
In the October-Decmber Quarter (Q4) of 2024, Apple, with Its Aspirational Image and Rising Footprint, ENTERED TOP 5 Smartphone Players in India for the first time, Garneering Nearly 10 percent 10 percent share spell. Apple’s India Shipments were set to cross 11 million marks in 2024.