Apple exported smartphones from India valued at $1 billion

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Apple exported smartphones from India valued at $1 Bn (INR 8,100 Cr) in December 2022, according to reports.

India exported more than INR 10,000 Cr worth of smartphones overall in the same month. Prior to that, in November 2022, Apple passed Samsung to become the nation’s top exporter of smartphones, according to information made available to The Economic Times. According to government officials, in December 2022, when the nation exported smartphones worth INR 10,000 Cr, Samsung’s manufacturing facility in India had to close for about 15 days for routine maintenance, which reduced its output and exports for the month.

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Apple exported smartphones from India valued at $1 billion

Apple exported smartphones from India valued at $1 Bn (INR 8,100 Cr) in December 2022, according to reports.

India exported more than INR 10,000 Cr worth of smartphones overall in the same month. Prior to that, in November 2022, Apple passed Samsung to become the nation’s top exporter of smartphones, according to information made available to The Economic Times. According to government officials, in December 2022, when the nation exported smartphones worth INR 10,000 Cr, Samsung’s manufacturing facility in India had to close for about 15 days for routine maintenance, which reduced its output and exports for the month.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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