In FY24, Apple reportedly averaged $1 billion worth of iPhone production each month, up from $620 million in the previous fiscal. Exports from India too surged from $6.27 billon in FY23 to $12.1 billion in FY24. The Cupertino-based company's efforts to branch out its supply chain from China seem to be finally bearing fruit in India. Its market share improved to 6.4% in 2023, up from 4.6% in 2022. It's now targeting to take it to 8% in 2024. By 2025, Apple plans to shift 25% of its manufacturing to India. Currently, it's at 14%, up from 7% a year ago.