Jammu, April 28 -- India's smartphone exports have witnessed a major spike in recent years, with iPhone shipments from the country alone crossing $10 billion in value for the first time in 2023-24. Powered by production-linked incentive schemes unveiled by the government, Apple has significantly ramped up iPhone assembly in India through contract manufacturers like Foxconn and Wistron.

iPhone exports accounted for around 65% of India's total smartphone exports last fiscal year valued at $15 billion, up from just $5 billion in the previous year. This dramatic growth can be attributed to efforts by the Modi government to transform India into a global electronics manufacturing hub. Large scale iPhone production was pioneered by Foxconn at i...