Apple adds "Assembled in India", and India's iPhone exports approach $3 billion in the most recent fiscal year.

CTOnews.com, January 11, the iPhone that Apple currently manufactures and produces in India no longer only meets the needs of the domestic market, but also will be exported to various countries and regions, providing more diversified protection for Apple's global sales channels. According to the latest news, Apple's Indian-made iPhone exports were worth nearly $3 billion in its most recent fiscal year.

CTOnews.com small class: India has become Apple's second largest iPhone production base in the world. Apple initially only produced the original iPhone SE in India, but with the talent pool and the gradual improvement of the surrounding supply chain, Apple has stepped up its supply channels in India, increasing its production capacity, expanding the size of its models, and gradually shipping to the world.

Apple's production line in India reached a new milestone last year, when it began producing iPhone 14 models. Apple began mass production of the basic iPhone 14 in India in September last year, and it is expected that Apple will also mass produce the iPhone 15 model, which goes on sale in India this fall.

Indian-made iPhone exports doubled between April and December last year, Bloomberg reported. From April to December, Apple exported more than $2.5 billion worth of iPhone from India, almost double the total in the previous fiscal year.

In the first nine months of the fiscal year that ended in March 2023, Foxconn Technology Group and Wituang Capital shipped more than $1 billion worth of Apple devices overseas, according to people familiar with the matter. Apple's other major contract manufacturer, Pegatron Corp. About $500 million of electronic products are expected to be transferred overseas by the end of January.