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.