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Apple’s Make in India shipments grows 65% by volume and 162% by value

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Image Credit: inc

'Make in India' shipments from Apple grew 65% (on-year) by volume and 162 per cent by value, taking the brand's value share to 25 per cent in 2022, up from 12 per cent in 2021, a new report has shown. The contribution of exports in 'Make in India' smartphone shipments reached the highest ever in 2022 both in volume (20 per cent) and value terms (30 per cent), according to Counterpoint Research.