India's iPhone Exports Reach Record ₹2 Trillion in FY26
iPhone exports hit record ₹2 trillion in final year of smartphone PLI
Business Standard
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In the fiscal year 2026, India's iPhone exports achieved a record ₹2 trillion, establishing Apple as the leading branded exporter in the country. This milestone marks a significant success for India's production-linked incentive (PLI) scheme aimed at boosting large-scale electronics manufacturing.
- 01iPhone exports in India reached ₹2 trillion in FY26.
- 02Apple emerged as the top branded exporter in India.
- 03This achievement coincides with the final year of the PLI scheme.
- 04The PLI scheme aims to enhance electronics manufacturing in India.
- 05The record exports highlight India's growing role in global tech supply chains.
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In the fiscal year 2026, India achieved a remarkable milestone in its electronics sector, with iPhone exports soaring to ₹2 trillion. This impressive figure positions Apple as the leading branded exporter in the country, reflecting the success of the production-linked incentive (PLI) scheme, which is designed to promote large-scale manufacturing of electronics. The PLI initiative has played a pivotal role in enhancing India's manufacturing capabilities, particularly in the technology sector. This record achievement underscores India's growing importance in the global technology supply chain and highlights the effectiveness of government policies aimed at boosting domestic production.
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The record iPhone exports signify a boost in local manufacturing, potentially leading to more jobs and economic growth in the tech sector.
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