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Tag: exports

  • Foxconn Sends 97 % of India iPhone Exports to US as Apple Tackles Tariffs

    Practically all of the iPhones exported by Foxconn from India went to america between March and Might, customs information confirmed, far above the 2024 common of fifty % and a transparent signal of Apple’s efforts to bypass excessive US tariffs imposed on .

    The numbers, being reported by Reuters for the primary time, present Apple has realigned its India exports to virtually solely serve the US market, when beforehand the units had been extra broadly distributed to nations together with the Netherlands, the Czech Republic and Britain.

    Throughout March-Might, Foxconn exported iPhones price $3.2 billion (roughly Rs. 27,547 crore) from India, with a median 97 % shipped to america, in comparison with a 2024 common of fifty.3 %, based on commercially out there customs information seen by Reuters.

    India iPhone shipments by Foxconn to america in Might 2025 had been price practically $1 billion (roughly Rs. 8,608 crore), the second-highest ever after the report $1.3 billion (roughly Rs. 11,191 crore) price of units shipped in March, the info confirmed.

    Apple declined to remark, whereas Foxconn didn’t reply to a Reuters request for remark.

    US President Donald Trump on Wednesday mentioned will face 55 % tariffs after the 2 nations agreed on a plan, topic to each leaders’ approval, to ease levies that had reached triple digits.

    India is topic, like most US buying and selling companions, to a baseline 10 % tariff and is attempting to barter an settlement to avert a 26 % “reciprocal” levy that Trump introduced after which paused in April.

    Apple’s elevated manufacturing in India drew a robust rebuke from Trump in Might. “We’re not involved in you constructing in India, India can maintain themselves, they’re doing very properly, we would like you to construct right here,” Trump recalled telling CEO Tim Cook.

    Within the first 5 months of this yr, Foxconn has already despatched iPhones price $4.4 billion (roughly Rs. 37,878 crore) to the US from India, in comparison with $3.7 billion (roughly Rs. 31,844 crore) in the entire of 2024.

    Apple has been taking steps to hurry up manufacturing from India to bypass tariffs, which might make telephones shipped from to the US far more costly. In March, it chartered planes to move iPhone 13, 14, 16 and 16e fashions price roughly $2 billion (roughly Rs. 17,213 crore) to america.

    Apple has additionally lobbied Indian airport authorities to chop the time wanted to clear customs at Chennai airport within the southern state of Tamil Nadu from 30 hours to 6 hours, Reuters has reported. The airport is a key hub for iPhone exports.

    “We count on made-in-India iPhones to account for 25 % to 30 % of world iPhone shipments in 2025, as in comparison with 18 % in 2024,” mentioned Prachir Singh, senior analyst at Counterpoint Analysis.

    Tata Electronics, the opposite smaller Apple iPhone provider in India, on common shipped practically 86 % of its iPhone manufacturing to the US throughout March and April, customs information confirmed. Its Might information was not out there.

    The corporate, a part of India’s Tata Group, began exporting iPhones solely in July 2024, and solely 52 % of its shipments went to US throughout 2024, the info confirmed.

    Tata declined to touch upon the numbers.

    Indian Prime Minister Narendra Modi has in recent times promoted India as a smartphone manufacturing hub, however excessive duties on importing cell phone elements in comparison with many different nations means it’s nonetheless costly to supply the units in India.

    Apple has traditionally offered greater than 60 million iPhones within the US every year, with roughly 80 % made in .

    © Thomson Reuters 2025

    (This story has not been edited by NDTV employees and is auto-generated from a syndicated feed.)

  • Nokia Licensee HMD World to Increase Exports From India, Calls It Key Vacation spot for Manufacturing

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    HMD World, the maker of Nokia-branded handsets, is eager to scale up its cellular exports from India, as the corporate appears to be like at numerous levers, together with sourcing extra parts domestically, to deepen its dedication in direction of manufacturing ecosystem within the nation, in response to a senior official. India is a “essential” marketplace for HMD World, and the corporate considers it to even be a key international vacation spot for sourcing and manufacturing, Sanmeet Singh Kochhar, Vice President, HMD World instructed PTI in an interplay.

    The corporate on Tuesday announced a slew of gadgets together with the Nokia G21 smartphone (that provides as much as three-day battery life), Nokia C01 Plus, two new function telephones — Nokia 105 and Nokia 105 Plus and two new audio equipment, Nokia Comfort Earbuds and Nokia Go Earbuds+.

    Nokia G21 comes with 50-megapixel triple digicam with AI imaging, offers as much as three-day battery life and gives two years of OS upgrades in addition to extra safety updates within the section, in response to an organization launch.

    Nokia 105 is the worldwide bestselling function telephone mannequin, which now has been refreshed in a brand new trendy design and comes with Wi-fi FM radio, the discharge added.

    Kochhar claimed that in relation to function telephones, the corporate is now “primary” in India, in worth phrases. At current, HMD Global — by way of its Indian Electronics Manufacturing Providers (EMS) companions — manufactures each function telephones and smartphones in India.

    Apart from Nokia XR20, all of the smartphones it at the moment sells in India, are manufactured right here. In December 2021, HMD World started exporting domestically manufactured Nokia 105 function telephones to the UAE market, and the corporate expects to open up exports to newer markets.

    “We’re evaluating how we are able to enhance our exports from India for function telephones, and even smartphones. We have now already began export of Nokia 105 function telephone, however we’re additionally evaluating different features like export of smartphones…” Kochhar stated.

    Asserting that the corporate is firmly aligned to the federal government’s Make in India programme, Kochhar highlighted that India is without doubt one of the key markets for HMD World, not solely from a development standpoint, but additionally for being a profitable vacation spot for sourcing and manufacturing.

    “Globally, India is one in every of our vacation spot markets for sourcing and manufacturing,” he stated. At current, the corporate is sourcing many parts for function telephones and smartphones domestically, and it now intends to double down on native sourcing, additional.

    “There are plans to supply extra parts domestically, no matter we are able to…from India as a result of that helps us develop the ecosystem in India market,” he stated.

    Whereas the corporate is evaluating export of Nokia smartphones which are made in India, it is usually eager about increasing the exports of function telephones to cowl further markets, fashions, and clients, Kochhar defined.

    India is a buzzing marketplace for gadgets and smartphones, and the federal government by way of numerous schemes and incentives, together with a production-linked incentive (PLI), is aiming to bolster native manufacturing of digital gadgets, to be able to place the nation as a world manufacturing powerhouse.

    Requested if the corporate can also be planning to fabricate tablets in India, Kochhar stated, “we’re evaluating that however we have now not began something.”

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