This story was first published on theBenzinga India portal. The production of Apple Inc. (NASDAQ: AAPL) iPhones in India has reached a groundbreaking level, exceeding INR 1 trillion ($13.5 billion) last year. According to data, obtained by the Indian daily Economic Times, iPhones valued at INR 650 billion ($8.8 billion) were exported from January to December. An insider with knowledge of the production process explained, “The [INR 1 trillion] figure denotes the freight on board (FOB) value as the products leave the factory. After factoring in taxes and dealer margins in various countries, the …