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iPhone exports from India hit $1 billion in December, IT secretary says

iPhone exports from India hit $1 billion in December, IT secretary says

iPhone exports from India hit $1 billion in December, IT secretary says

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iPhone maker Apple not only manufactures mobile phones for India, but it exported handsets worth $1 billion (about Rs 8,200 crore) in December, a senior government official said on Monday. government. During his speech at The Business 20 (B20), the G20’s official forum for dialogue with the global business community, Electronics and IT Secretary Alkesh Kumar Sharma said that a number of programs had been introduced to transform India from a nation of services into a nation of products.

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“The Production Linked Incentive Program (PLI) has actually created a buzz in the market. Our mobile manufacturing has taken it to the next level. We’re not just manufacturing it for India, but Apple is exporting from India The December figure we just got is that they exported $1 billion (around Rs 8,200 crore) worth of mobile phones,” Sharma said.

Earlier in the day, Union Commerce Minister Piyush Goyal said Apple is considering increasing its manufacturing in India as the business environment helps global companies make the country their base.

Apple currently manufactures the iPhone in India at the manufacturing plant of contractors Foxconn and Wistron.

Sharma said that India is creating a whole ecosystem of electronic hardware, semiconductors and working on setting up facilities such as manufacturing plants.

He said the government has focused on emerging technologies.

“We do a lot of research and development on deep technologies. I talked about supercomputing and quantum computing missions. We also created a 20 petaflops capacity that is now installed in many of our IITs and research institutes .tech is a new fifth pillar for us,” he said.

The IT Secretary said the government will actively work to make India a talented nation ranging from basic skills to advanced skills in deep technology.


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