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Apple Ships Nearly 1 Mn ‘Made In India’ iPhones In The Country In Q1 2022

Apple Ships Nearly 1 Mn ‘Made In India’ iPhones In The Country In Q1 2022

Apple’s ‘Made in India’ shipments in the country grew by 50% YoY: CyberMedia Research

In the first quarter of 2022, iPhones sales grew by more than 22% in India, led by iPhone 12 and iPhone 13

iPhone 12 led the pack with 52% of the shipments, followed by iPhone 13 at 20%. It was followed by iPhone 11 with 18% of the total shipments in India

Electronics giant Apple shipped nearly 1 Mn ‘Made in India’ iPhones in the country in the first quarter of 2022, representing a 50% year-on-year (YoY) growth in iPhone shipments from within the country, a report by CyberMedia Research (CMR) said. 

In Q1 of 2022, iPhones sales in India grew by 22%, led by iPhone 12 and iPhone 13. iPhone 12 led the pack with 52% of the shipments, followed by iPhone 13 with 20%, the report said. It was followed closely by iPhone 11, which formed 18% of the total shipments in India. 

The iPad segment also saw a 31% growth in India in Q1 2022, led by iPad 9th generation that garnered 45% market share.

As per CMR, Apple is likely to have 5.2% market share in India this year. 

“As Apple further diversifies its manufacturing base, the newer generation iPhone models will fuel Apple’s India growth story,” Prabhu Ram, head of industry intelligence group at CMR, told news agency IANS.

Earlier this month, Apple said it had started manufacturing iPhone 13 smartphones in India. “

Apple began manufacturing iPhones in India in 2017 with the low-priced iPhone SE. It later began manufacturing iPhone 12 and iPhone 13 within the country as well. Foxconn, Apple’s contract manufacturer, makes iPhone 11, iPhone 12 and iPhone 13 at its facility in Tamil Nadu’s Sriperumbudur. On the other hand, iPhone SE and iPhone 12 are manufactured by another supplier Wistron at its factory in Karnataka’s Narasapura. 

Made in India iPhones make up about 70% of the company’s smartphone sales in the country. This is in part due to the government’s production-linked incentive scheme (PLI) which offers financial incentives for domestic manufacturing of mobile phones and other electronics components in the country.

In January this year, government officials urged Apple to develop India as a global base to export fully-built products to the rest of the world, and to generate annual production output worth $5 Bn in the next five to six years.