India's iPhone exports touch record ₹2 lakh crore in FY26: Report

India's iPhone exports touched a record high of about ₹2 lakh crore in FY26 during the final year of its product-linked incentive (PLI) scheme for large-scale electronics manufacturing, Business Standard reported. iPhone is now the country's single largest branded export across all sectors, the report added. Apple's supply chain is reportedly supported by over 40 domestic firms in the country.