Apple has captured 25 percent of "Made in India" smartphone shipments in 2022 in terms of value, according to Counterpoint Research.
Made in India shipments from Apple grew 65 percent YoY by volume and 162 percent YoY by value in 2022.
In terms of overall exports, a volume growth of 37 percent YoY was observed, while the contribution of exports to the total Made in India smartphone shipments reached an all-time high in 2022.