Apple Lowers iPhone Prices and Eyes iPad Assembly in India

[MacRumors]

Apple has reduced iPhone prices in India for the first time following a cut in import duties and is considering assembling iPads in the country for the first time.

As noted by TechCrunch, Apple has lowered the prices of its iPhone models in India by 3-4% after the Indian government reduced import duties on smartphones from 20% to 15% in its annual budget on July 23. This price reduction marks the first time Apple has decreased prices on its Pro models in India, with the cuts ranging from 300 rupees ($3.60) for models like the iPhone 13, 14, and 15, to up to 6,000 rupees ($71.70) for the iPhone 15 Pro and iPhone 15 Pro Max.

In parallel with these price adjustments, Foxconn, Apple's main contract manufacturer, is reportedly exploring the possibility of assembling iPads at its facility in Tamil Nadu, India, according to The Economic Times. This would mark a significant expansion from Foxconn's current focus on iPhone production in India and reflects confidence in India's growing supply chain capabilities, aligning with Apple's broader strategy to diversify its manufacturing base away from China. Discussions between Foxconn and the Indian government have apparently already taken place.

The reduction in import duties is part of India's broader economic strategy to boost local manufacturing and integrate more deeply into the global electronics supply chain. By lowering the cost of high-end smartphones like the iPhone, the Indian government aims to make these devices more accessible to a larger segment of the population. This also supports Apple's ongoing efforts to expand its footprint in the Indian market, which has become increasingly important as growth in more established markets like China has slowed.

Apple's assembly operations in India have seen significant growth in recent years. Currently, about 14% of all iPhones are produced in India, a number that is expected to increase as Foxconn and other partners expand their facilities in the country. Foxconn has already invested heavily in new manufacturing plants in Karnataka and Tamil Nadu, and the prospect of iPad assembly in India could see Apple's presence in the country increase even further.

Article Link: Apple Lowers iPhone Prices and Eyes iPad Assembly in India

 

[everybodylovesramen]

Eyes iPad? Is Leno writing here now?

 

[arkitect]

Apple, Inc lowers prices and passes tariff savings on to their customers?

It's a cold day in hell it would seem.

 

[chineseguy38]

Higher profit margin and more money for Tim Apple's pocket 😂😂

 

[lkrupp]

Perhaps India is the next China in terms of the iPhone market. India’s population has exceeded China’s according to a recent reports. And as far as I know there are no home grown Indian companies manufacturing smartphones at the present. India lowering import tariffs might be the spark that gets things going.

 

[chineseguy38]

Perhaps India is the next China in terms of the iPhone market. India’s population has exceeded China’s according to a recent reports. And as far as I know there are no home grown Indian companies manufacturing smartphones at the present. India lowering import tariffs might be the spark that gets things going.

There are indian smartphone companies. Micromax is one of them.

 

[Hopefully Smarter]

Chasing slave wages throughout the world is Apple's 21st-century modus operandi.

 

[axantas]

Apple always lowers or raises prices if the VAT or duties change in any country. This is nothing special, but only logical though.

 

[Ramchi]

Better they reduce the price and keep it on par with USA prices as I have bought all my Apple products from outside of the country due to steep prices here.It is really encouraging for many to buy non Apple flagship products like Samsung or OnePlus due the steep price difference here. Apple was not passing the tax and currency exchange rate benefits to the customers. They may seem to be improving their sales in India due to the reason that Huawei and Honor brands are banned here. If it were allowed to function like Samsung, things would be different in the premium segments. OnePlus was doing fine but their screens are having big issues(Yet they allowed hefty cash back offer for my defective OnePlus 8 Pro by giving OnePlus 12 at 50% of its value in exchange). Apple can grow here but they need to calibrate their offerings.

 

[Ramchi]

There are indian smartphone companies. Micromax is one of them.

Micromax is dead and there are no real Indian manufacturing companies making Mobile Phones. Mostly, Chinese brands and Korean brands assembling it in India. There are no ecosystem in India that has capabilities to make electronic parts like in China or Taiwan etc….This may change after several years but right now there is no big fear of stealing the tech.

 

[zombierunner]

15% import duty is wild

 

[ryan102]

Apple cuts prices 3-4% despite Tax cut of 5%. Apple’s always gotta take their slice.

 

[9081094]

Apple cuts prices 3-4% despite Tax cut of 5%. Apple’s always gotta take their slice.

It’s an insult to customers. Timmy thinks customers can’t count and some of them would buy 💩 when there was an Apple branding on it.

 

[webkit]

Apple cuts prices 3-4% despite Tax cut of 5%. Apple’s always gotta take their slice.

Is the India import duty based on the "wholesale" price or the "retail” price? If it's the wholesale price, a 5% cut of wholesale may only equal 3% of retail and therefore Apple wouldn't be taking “their slice” as you put it.

 

[webkit]

It’s an insult to customers. Timmy thinks customers can’t count and some of them would buy 💩 when there was an Apple branding on it.

Not if the import duty is based on the "wholesale" price. 5% of wholesale may only be 3% of retail.

Do you know what the import duty is based on?

 

[dasmb]

Apple, Inc lowers prices and passes tariff savings on to their customers?

It's a cold day in hell it would seem.

I'm sorry your well documented pessimism didn't pay off. Surely that can't be because it's unjustified.

 

[svish]

Great to hear that prices of Pro models have been reduced in India. Waiting for the Pro models to be manufactured in India, which should help to further lower the prices.

 

[monster620ie]

Disgusting to keep shipping manufacturing jobs to enemies of USA. What a sham e!

 

[kshitijshah]

Disgusting to keep shipping manufacturing jobs to enemies of USA. What a sham e!

Wow I pity your world knowledge. Since when did India become an enemy of the USA?

 

[ToyoCorollaGR]

Micromax is dead and there are no real Indian manufacturing companies making Mobile Phones. Mostly, Chinese brands and Korean brands assembling it in India. There are no ecosystem in India that has capabilities to make electronic parts like in China or Taiwan etc….This may change after several years but right now there is no big fear of stealing the tech.

Are they?

Not according to this.

Micromax Informatics - Wikipedia

en.wikipedia.org