rajkotupdates.news:apple-iphone-exports-from-india-doubled-between-april-and-august. Apple’s iPhone exports from India have doubled between April and August, according to recent data from the Directorate General of Commercial Intelligence and Statistics (DGCIS). The data shows that Apple exported around $1.5 billion worth of iPhones from India during this period, up from $761 million in the same period last year.
This significant increase in iPhone exports from India can be attributed to Apple’s efforts to diversify its supply chain and reduce its reliance on China, which has been the company’s primary manufacturing hub for many years. In recent years, Apple has been looking to shift production to other countries, such as India, Vietnam, and Mexico, to mitigate the risks associated with manufacturing in a single country.
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India has been a key focus for Apple, and the company has been working to establish a significant presence in the country. The Indian government has been supportive of Apple’s efforts, and the company has been able to take advantage of various incentives and policies aimed at attracting foreign investment.
One of the key factors contributing to the growth of Apple’s exports from India is the local production of iPhone SE (2020) in the country. Apple began manufacturing the iPhone SE (2020) at its facility in Bengaluru last year, and the company has been ramping up production since then. The locally produced iPhone SE (2020) has been well-received by consumers, and the product has been helping to drive Apple’s sales in the country.
Apple has also been investing in its retail presence in India, with the company opening its first retail store in the country last year. The store, located in Mumbai, is Apple’s largest retail store in India, and the company has plans to open additional stores in the country in the coming years.
Overall, the growth in Apple’s iPhone exports from India is a positive development for the company, as it allows the company to diversify its supply chain and reduce its reliance on China. Additionally, the growth in exports from India is a positive development for the Indian economy, as it creates jobs and drives economic growth in the country.
