1 mn 'Make in India' iPhones shipped in Q1 2022 as Apple grows 22%
Apple shipped approximately 1 million 'Make-in-India' iPhones in India in the first quarter of 2022, a staggering 50% increase YoY in iPhone shipments from within the nation.
According to market intelligence firm CyberMedia Research (CMR), iPhone sales in India increased by 22% in the first quarter of 2022, with iPhone 12 and 13 sales leading the way. Apple's improved and diversified iPhone manufacturing capabilities in India, as well as aggressive retail activities, have contributed to the country's strong growth momentum. In 2022, Apple is anticipated to have a 5.2% market share in India.
Apple manufactures some of its most advanced iPhones in the country, including the iPhone 11, iPhone 12, and now iPhone 13, in the Foxconn factory, while the iPhone SE and iPhone 12 are being assembled at the Wistron factory. In India, iPhone 12 retained its lead with a 52% market share in the first quarter of 2022, followed by iPhone 13 with 20% and iPhone 11 with 18%. When it comes to iPads, Apple registered a 31% growth in India, with the iPad 9th generation (Wi-Fi) taking 45% of the market.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.