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Home » India’s iPhone Manufacturing Hit $27B in 2025, Exports Reach $23B

India’s iPhone Manufacturing Hit $27B in 2025, Exports Reach $23B

March 6, 2026 by Harish Reddy Gudi

iPhone manufacturing in India generated Rs 3 lakh crore (approximately $27 billion) in revenue in 2025, of which $23 billion was exported to global markets.

Key figures confirmed from the data:

  • Total iPhone production value in India: Rs 3 lakh crore / ~$27 billion in 2025
  • Export value of India-made iPhones: $23 billion
  • India’s Apple manufacturing ecosystem now ranks second only to Tata Motors Passenger Vehicles by turnover among Indian industrial operations
  • The ecosystem sits ahead of Hindalco, Tata Steel, Mahindra and Mahindra, and JSW Steel by the same measure
  • This scale was built around a single product line within five years
  • Production is driven primarily by Foxconn and Tata Electronics, supported by India’s Production Linked Incentive (PLI) scheme

The scale of these numbers places iPhone manufacturing — a foreign brand assembled under contract — ahead of several of India’s most established industrial conglomerates by turnover. That a single consumer electronics product line built its supply chain presence in India within half a decade and reached this output level reflects both the PLI scheme’s impact and Apple’s active diversification away from China-only production.

The $23 billion export figure indicates that the majority of units produced in India are shipped internationally rather than serving the domestic market, positioning India as a genuine global supply node for iPhone production rather than a regional assembly point.

What to watch:

  • Whether Apple continues expanding Indian production capacity beyond the current Foxconn and Tata Electronics facilities
  • How the PLI scheme’s next phase affects incentive structures for continued investment
  • Whether India-made iPhones begin to represent a larger share of total global Apple shipments beyond current levels
How much of India’s iPhone production gets exported?

Of the $27 billion worth of iPhones produced in India in 2025, approximately $23 billion was exported to international markets. That means roughly 85% of India’s iPhone output ships globally rather than being sold domestically.

Who manufactures iPhones in India?

iPhone production in India runs through two primary manufacturers — Foxconn, the Taiwanese contract manufacturer that also produces iPhones in China, and Tata Electronics, which became the first Indian company to manufacture iPhones after acquiring Wistron’s India operations. Both operate under Apple’s supply agreements and India’s PLI scheme.

What is India’s PLI scheme and how does it relate to iPhone manufacturing?

The Production Linked Incentive scheme is a government programme that provides financial incentives to manufacturers who hit production targets in India. Apple’s contract manufacturers — Foxconn and Tata Electronics — qualify for PLI payouts tied to iPhone output, making the scheme a direct driver of the rapid scale-up in India-based production over the past five years.

How does Apple’s India manufacturing compare to Indian industrial companies?

By turnover, India’s Apple manufacturing ecosystem now ranks second only to Tata Motors Passenger Vehicles among Indian industrial operations — placing it ahead of major conglomerates including Hindalco, Tata Steel, Mahindra and Mahindra, and JSW Steel, all of which have operated in India for decades.


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