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Why in India Apple products are so expensive?
Reason behind Apple iPhone 13 series’ high price in India These smartphones are mainly imported into the country, which, by default, implies a 22.5\% custom duty on the them. In India, customers will have to pay around Rs. 10,880 just as customs tax on purchasing an Apple iPhone 13 Mini.
Is Apple going to lower prices in India?
The iPhone 12 price in India has been dropped. The least expensive one among the lot is the 64GB variant of the iPhone 12 Mini which now comes at a starting price of just ₹59,999 instead of ₹69,900. The price of the 128GB variant has been slashed from ₹74,900 to ₹64,999.
Why iPhone is costly in India than US?
But, what makes them expensive in India is the customs duty. Premium smartphones like iPhone 12, iPhone 13 are not manufactured in India, due to which 22.5\% customs duty is implied on them. Currently, Apple iPhone 13 attracts a GST of about Rs. 10,662.
Why are Apple products so expensive in India?
Without going into a lengthy discussion, here are the two strongest reasons why Apple products are so expensive in India: Import Tax: Since Apple products are not made in India, Apple has to pay a hefty import duty to bring their products into the Indian market.
Is it expensive to buy an iPhone in India?
It’s no more a secret that Apple iPhones are always costlier in India compared to other parts of the world. I wouldn’t be wrong if I say that India is one of the most expensive places in the world to buy an iPhone.
Why aren’t iPhones popular in India?
The U.S. tech giant has regularly reiterated its commitment to India, but there are two pressing issues that analysts and users say continue to cripple the reach of iPhones in the nation: The company’s phones are too expensive for many Indian consumers, and Apple’s core services such as Apple Maps and Siri don’t work well locally.
Why is the iPhone SE so expensive in India?
The devices are so much more expensive in India because the local government imposes a heavy charge on imported electronics items. The iPhone-maker, for its part, is trying to circumvent the customs duty by manufacturing the iPhone SE model locally in India through a partnership with Taiwanese contract manufacturer Wistron.