IT Minister said iPhone exports from India reached 1 billion USD in December

iPhone maker Apple not only makes mobile phones for India but also exports handsets worth $1 billion (about Rs 8,200) as of December, a senior government official said today. Monday. While speaking at The Business 20 (B20), the G20’s official dialogue forum with the global business community, Electronics and IT Minister Alkesh Kumar Sharma said a number of plans have been put in place to make India Degree from a service country to a product country.

“Manufacturing Linked Incentives (PLI) Program has really resonated in the market. Our mobile phone manufacturing has reached new heights. We are not only manufacturing for India but also manufacturing for India. Apple is exporting from India. The December figure we just got is that it exported $1 billion worth of mobile phones (about Rs 8,200),” said Sharma.

Earlier on the same day, Union Trade Minister Piyush Goyal said Apple are looking to scale up production in India as the business environment is helping global companies make the country their base.

Apple is currently producing Iphone in India at the factory of contract manufacturers Foxconn and Wistron.

Sharma said that India is creating an entire ecosystem of electronic hardware, semiconductors and is working on creating facilities like manufacturing plants.

He said the government has focused on emerging technologies.

“We’re doing a lot of deep-tech research and development. I talked about supercomputing and quantum computing missions. We’ve also created a capacity of 20 petaflops that is now set up in the US. many of our IITs and research is the new fifth pillar for us,” he said.

The IT minister said the government will work hard to turn India into a talent nation, from basic to advanced, with deep tech skills.

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