Did you know that 1 in 5 iPhones produced in FY25 originated from India?
Synopsis
Key Takeaways
- Apple India achieved record domestic sales of $9 billion in FY25.
- 20% of iPhones produced globally were made in India.
- Local assembly of high-end models began for the first time.
- India's manufacturing contributed 12% to Apple’s global production value.
- Apple’s India revenue has skyrocketed by nearly eightfold over a decade.
New Delhi, Nov 21 (NationPress) In a remarkable achievement, Apple India has reported unprecedented domestic sales of $9 billion for FY25. Notably, one out of every five iPhones produced worldwide in FY25 was either manufactured or assembled in India, as indicated by the company’s filings.
This local manufacturing accounted for 12 percent of Apple’s total global production value.
While Apple’s sales in India represented slightly over 2 percent of its total global revenue of $416.1 billion, the significance of India in iPhone production has increased significantly, according to analysts.
For the first time, the tech giant began local assembly of its premium Pro and Pro Max iPhone models in India.
The filings revealed that the Americas contributed $178.4 billion in FY25, nearly 43 percent of Apple’s global revenue, with an increasing number of iPhones sourced from India.
Europe followed with a 26.7 percent share, while Greater China accounted for 15.4 percent.
Over the past decade, Apple’s revenue in India has surged nearly eightfold, predominantly driven by sales of iPhones, MacBooks, iPads, AirPods, and accessories, with services comprising a small single-digit percentage of total sales.
The value of Apple’s production in India reached $22 billion in FY25, including $7.5 billion in exports.
This local manufacturing strategy helps the company mitigate the 16 percent customs duty imposed on fully imported devices, thereby supporting its sales operations in India.
During an earnings call following the release of robust quarterly results, Apple CEO Tim Cook highlighted, "As we enter our busiest season, we have our best-ever product lineup. Recently, we've opened new stores in emerging markets such as India and the UAE, as well as additional locations in the US and China."
For the fourth quarter of fiscal 2025, ending on September 27, Apple reported a quarterly revenue of $102.5 billion, marking an 8 percent increase year-on-year.