Apple's India Boom: Record $2 Billion iPhone Exports in November

Apple just had its biggest month ever for exports out of India, shipping $2 billion worth of iPhones in November. That pushes their total for the financial year to a massive $14 billion already. It's a huge deal because now one out of every five iPhones sold worldwide is actually made in India. Even Apple's CEO, Tim Cook, is calling out India as a key market where they're setting new sales records.

Key Points: Apple India Hits Record $2B iPhone Exports in November

  • Apple exported iPhones worth $2 billion from India in November alone
  • Total iPhone exports reached $14 billion in the first eight months of FY26
  • One in every five iPhones made globally in FY25 was manufactured in India
  • Apple began local assembly of high-end iPhone Pro models in India for the first time
2 min read

Apple clocks record exports growth in India in November

Apple exports iPhones worth $2B from India in November, hitting $14B for FY26 so far. India now makes 1 in 5 global iPhones.

"iPhone grew... with September quarter records in many emerging markets... and a record in India - Kevan Parekh, CFO, Apple"

New Delhi, Dec 16

Apple Inc clocked the highest value of exports from India in November, shipping iPhones worth $2 billion, as per industry data.

Considering the latest numbers, the US-based tech giant has exported iPhones worth $14 billion in the first eight months of the current financial year (FY26).

Last month, a company filing showed that Apple India posted a record high domestic sales of $9 billion in FY25, and one in every five iPhones made globally in FY25 was manufactured/assembled in India.

The company's manufacturing in India contributed 12 per cent of Apple’s global production value.

Apple's sales in India accounted for just over 2 per cent of Apple’s $416.1 billion global revenue, but India’s role in iPhone production expanded sharply, analysts said.

The iPhone maker also began local assembly of high-end Pro and Pro Max models of iPhones in India for the first time.

The company filings showed that the Americas brought in $178.4 billion in FY25 - nearly 43 per cent of Apple's global revenue - and a growing share of those iPhones were shipped from India.

Europe followed with a 26.7 per cent share, and Greater China accounted for 15.4 per cent share.

The company’s India revenue has climbed nearly eightfold over the past decade, driven mainly by iPhones, MacBooks, iPads, AirPods and accessories, with services remaining a small single‑digit share of total sales.

Meanwhile, Apple CEO Tim Cook said that the US-based tech giant set a September quarter revenue record in emerging markets and an all-time revenue record in India, led by robust iPhone sales.

In an earnings call with analysts after posting strong quarterly results on Thursday (US time), Cook said that when it comes to retail, "we’re heading into our busiest time of year with our best-ever lineup. In the last few months, we’ve opened new stores in emerging markets like India and the UAE and new locations in the US and China".

The global iPhone revenue was $49 billion, up 6 per cent year-over-year, driven by the iPhone 16 family.

“iPhone grew in the vast majority of the markets we track, with September quarter records in many emerging markets, including Latin America, the Middle East, and South Asia, and a record in India,” added Kevan Parekh, CFO, Apple.

- IANS

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Reader Comments

A
Arjun K
Great to see the Pro models being assembled here now. Finally, we might get better availability and maybe even slightly better pricing? One can hope. The growth is impressive, but 2% of global revenue means there's still a massive domestic market to tap. The potential is enormous.
R
Rohit P
While the export numbers are record-breaking, I hope this translates into more high-quality jobs for our engineers and technicians, not just assembly line work. We need to move up the value chain. The focus should be on design and R&D coming to India next.
S
Sarah B
As someone who recently bought an iPhone made in India, the quality feels identical to the ones my friends got from abroad. It's a good sign. If the manufacturing ecosystem grows, it could benefit other Indian electronics brands too.
V
Vikram M
One in every five iPhones globally made in India? That's a staggering stat. Just a few years ago, this was unthinkable. Kudos to the policy push and the companies involved. This is how you build economic resilience and reduce dependency on any single geography.
K
Karthik V
Respectfully, while the export figure is great, I wish the article also talked about the working conditions in these factories and the environmental impact. Growth should be sustainable and equitable. Let's not celebrate numbers without considering the human and ecological cost.
M

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