Apple assembled $22 billion worth of iPhones in India, increasing its production in the country by nearly 60% compared to the previous year, for the period from March 2024 to March 2025, according to Bloomberg.

Apple Inc. assembled $22 billion worth of iPhones in India in the 12 months ended March, increasing production by nearly 60% over the previous year in a sign of continued diversification away from China.

Levies on Chinese goods have created worst three-day rout for iPhone maker in about 25 years.