Exports of India-made iPhones top $1 billion in 5 months - Bloomberg News


FILE PHOTO: The Apple iPhone 14 is seen at the Apple Fifth Avenue store in Manhattan, New York City, U.S., September 16, 2022. REUTERS/Andrew Kelly

(Reuters) - Apple Inc's iPhone exports from India crossed $1 billion in the five months since April, Bloomberg News reported on Tuesday, citing people familiar with the matter.

The outbound shipments of India-made iPhones, mainly to Europe and the Middle East, are set to reach $2.5 billion in the 12 months through March 2023, the report added.

(Reporting by Rhea Binoy in Bengaluru)

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