India's iPhone exports crossed ₹2 trillion (approximately $24 billion) in FY 2025-26, making the iPhone India's single largest branded export across every product category tracked under India's Harmonised System trade classification — a milestone that confirms India is no longer Apple's experimental manufacturing outpost, but a core pillar of its global production strategy. ₹2 Lakh Cr (~$24 Bn) 75%+ 250,000 25-30% India's iPhone exports, FY 2025-26 iPhone's share of India's t

India's relaxed Press Note 3 rules came into effect on May 1, 2026, allowing foreign entities with non-controlling Chinese or Hong Kong ownership below 10% to invest through the automatic route in permitted sectors — the first material loosening of a six-year-old investment wall built after the 2020 Galwan clash. May 1, 2026 10% 2% $1.45 Bn Effective date of revised FDI rules Maximum non-controlling Chinese/HK stake allowed via automatic route Pre-2020 share of India's total