Apple has slashed iPhone prices in India in the range of Rs 300-6,000 after the government reduced import duty on mobile phones.
According to the rate list issued by Apple, the imported iPhone Pro model will now cost Rs 5,100-6,000 less.
Apple was earlier selling iPhone 15 Pro and iPhone 15 Pro Max at a starting price of Rs 1,34,900 and Rs 1,59,900 each.
The iPhone Pro model with 128 GB storage will now cost Indian buyers Rs 1,29,800, which in percentage terms is a reduction of 3.7 per cent.
The price of entry-level iPhone Pro Max with 256 GB storage has come down about 10 per cent to Rs 1,54,000 per unit from Rs 1,59,900.
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The Made-in-India iPhones, including 13, 14 and 15, have also seen a decrease in prices by Rs 300, while iPhone SE will be cheaper by Rs 2,300.
The entry-level iPhone SE will now cost Rs 47,600, down from Rs 49,900.
The price changes come within a week of the government proposing reduction of import duty from 20 per cent to 15 per cent on mobile phones and chargers.
The development comes amidst Foxconn's expansion to broaden its manufacturing base in India. Reportedly, the company is planning to assemble iPads at its Sriperumbudur facility in Tamil Nadu, where most of the manufacturing of Apple Inc's products takes place.
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The Taiwanese contract manufacturer's expansion must have come after the growing popularity of Apple Smartphones and their accessories in India.
Apple saw a 33 per cent jump in its sales in the financial year 2024 showcasing its increasing demand in the Indian smartphone market.
Recently, iPhone manufacturers are pulling out their production bases from China. Last year, Apple moved a major portion of its production units from China to Vietnam.
