BS EDIT: India’s iPhone exports cross Rs 1 trn: What it means for PLI

India’s iPhone export milestone

• Rs 1 trillion+ in exports in 10 months of FY25

• Strengthens India’s manufacturing edge

PLI’s impact on smartphone exports

• PLI drives iPhone production growth

• 30% of global output expected from India by 2027

Unused mobile manufacturing capacity

• Half of capacity underutilised

• Smaller firms shifting to telecom & wearables

PLI expansion beyond smartphones

• PLI budget up 108% in FY26

• Focus on textiles, autos, batteries, & IT hardware

Key challenges for manufacturing

• Low share in GVA, weak infrastructure

• Needs better policies, logistics, & skilled labour

The road ahead

• Global shifts open new opportunities

• Focus on toys, apparel, & labour-intensive sectors