12% of all iPhones sold worldwide could be made in India by FY26: Report
Image Credit: the statesman
According to numbers submitted to the government by Foxconn, Wistron and Pegatron, India might account for at least 12% of the free-on-board (FOB) value of Apple iPhones manufactured by its vendors worldwide. Per a Business Standard report citing sources, the total value of iPhones sold worldwide can reach $250 Bn in FY26. Therefore, the total FOB of iPhones made in India would be around 12% of the global FOB.