Apple Hikes Price of Several iPhone Models in India to Offset Increased Import Duties

by

Apple has raised the price of some iPhone models in India, following an increase in import duties that were recently announced in the country's federal budget.


The iPhone 11 Pro, iPhone 11 Pro Max, ‌iPhone‌ 8 and ‌iPhone‌ 8 Plus will all see price increases of 2 percent effective Monday to offset the cost of the import duties. The hikes are in light of an increase in the basic customs duty rate and the withdrawal of an earlier exemption from the Social Welfare Surcharge.

According to The Hindu's Business Line, smartphones had been exempted from the 10 per cent social welfare surcharge, but this will now be reimposed for imported handsets. In addition, Apple will also be required to pay 20 per cent basic customs duty for the devices.

The Indian government has also increased import duty on printed circuit board assemblies (PCBs) from 10 percent to 20 percent, while import duty on chargers has increased from 15 percent to 20 percent.

The iPhone XR and ‌iPhone‌ 7 have escaped price increases, presumably because they are being manufactured locally in India by Apple partners Wistron and Foxconn. The ‌iPhone 11‌ appears to have also escaped the price hikes, although it's not clear why.

Last month it was reported that Wistron's new plant in India plans to begin assembling printed circuit boards (PCBs) for iPhones by April, which could see some ‌iPhone‌ prices drop again. A PCB serves as a bed for key ‌‌iPhone‌‌ components like processors, storage, and memory, and usually accounts for about half the cost of a smartphone.

Apple has been working for years to establish a presence in India. In a recent shareholder meeting, CEO Tim Cook confirmed the company's plans to open an online store in India in 2020 and a retail store in 2021.

In August 2019, India eased the rules that had kept Apple from offering its products in first-party stores and an online Apple Store. So far, Apple device sales in India have only been available through third-party retailers, because foreign investment rules and regulations didn't permit Apple to sell devices in the country.

Tag: India

Top Rated Comments

(View all)
Avatar
9 months ago


TWO percent is hardly a "hike" in prices.

On a $1000 phone that's $20. In a market that's hyper-sensitive to price... that's a hike.
Score: 3 Votes (Like | Disagree)
Avatar
9 months ago
TWO percent is hardly a "hike" in prices.
Score: 2 Votes (Like | Disagree)
Avatar
9 months ago


Seems like this will affect more than just the iPhone price hikes.

Not really as far as I can tell (quick googling). The top 3 brands: BBK Electronics (Vivo, Oppo, and Realme), Xiaomi, and Samsung all have significant manufacturing (not just assembly) in India. As Apple builds out their manufacturing in India, things like this will affect them less.
Score: 2 Votes (Like | Disagree)
Avatar
9 months ago
Yeah, raising the prices in one of the most cost-conscious markets on the planet will work.
Score: 1 Votes (Like | Disagree)
Avatar
9 months ago
‘Hike’ quality journalism here
Score: 1 Votes (Like | Disagree)

Top Stories

Apple References Unreleased 2020 16-Inch MacBook Pro in Boot Camp Update

Monday October 26, 2020 8:42 am PDT by
Last week, Apple released an update for Boot Camp, its utility for running Windows on a Mac. While this update would typically be unremarkable, several of our readers noticed that the release notes reference an unreleased 2020 model of the 16-inch MacBook Pro. While this could easily be a mistake, the 16-inch MacBook Pro is nearly a year old, so it is certainly a worthy candidate for a...

Google Reportedly Pays Apple $8-12 Billion Per Year to be Default iOS Search Engine

Sunday October 25, 2020 2:59 pm PDT by
The United States Justice Department is targeting a lucrative deal between Apple and Google as part of one of the U.S. government's largest antitrust cases, reports The New York Times. On Tuesday, the Justice Department filed an antitrust lawsuit against Google, claiming the Mountain View-based company used anticompetitive and exclusionary practices in the search and advertising markets to ...

iPhone 12 Pro Allows You to Measure Someone's Height Instantly Using LiDAR Scanner

Saturday October 24, 2020 11:12 am PDT by
iPhone 12 Pro models feature a new LiDAR Scanner for enhanced augmented reality experiences, but the sensor also enables another unique feature: the ability to measure a person's height instantly using the Measure app. You can even measure the seated height of a person in a chair, according to Apple. When the Measure app detects a person in the viewfinder, it automatically measures their...

MagSafe Charger Only Charges at Full 15W Speeds With Apple's 20W Power Adapter

Monday October 26, 2020 3:38 pm PDT by
Alongside the iPhone 12 and 12 Pro models, Apple introduced a new MagSafe charger that attaches to the magnetic ring in the back of the devices, providing up to 15W of charging power, which is double the speed of the 7.5W Qi-based wireless charging maximum. Apple does not provide a power adapter with the $39 MagSafe charger, requiring users to supply their own USB-C compatible option. Apple...

Early iPhone 12 Tests Show Ceramic Shield is Stronger and More Scratch Resistant Than iPhone 11 Glass

Friday October 23, 2020 1:21 pm PDT by
Apple's new iPhone 12 models are protected by a Ceramic Shield cover glass that has nano-ceramic crystals infused right into the glass to improve durability. According to Apple, Ceramic Shield offers four times better drop protection than the glass used for the iPhone 11 models. YouTube channel MobileReviewsEh conducted some tests on the iPhone 12 using a force meter to compare its performance ...

iPhone 12 Six-Foot Drop Test Results: Ceramic Shield More Durable But Not Damage Proof

Monday October 26, 2020 5:00 am PDT by
Apple's new iPhone 12 and iPhone 12 Pro feature a new Ceramic Shield screen that Apple says offers 4x better drop performance. To test that claim, Allstate Protection Plans put the two models through a range of breakability tests and recorded the results. In a face down sidewalk drop test at six feet, the iPhone 12 suffered small cracks and scuffed corners and edges, leaving sharp grooves in ...

Bloomberg: New AirPods and AirPods Pro Coming in 2021, AirPods Studio Delayed, Third HomePod Model Also Possible

Monday October 26, 2020 3:34 am PDT by
Apple plans to update its AirPods line next year with two new models including third-generation AirPods and second-generation AirPods Pro, according to a new report from Bloomberg. The Cupertino, California-based technology giant is working on two new models: third-generation entry-level AirPods and the second version of the AirPods Pro earbuds, according to people familiar with the plans. ...

Report: Apple Silicon iMac Featuring Desktop Class 'A14T' Chip Coming First Half of 2021

Tuesday October 27, 2020 4:14 am PDT by
The first iMac powered by Apple Silicon is set to arrive in the first half of next year and will feature a desktop class "A14T" chip, according to Chinese-language newspaper The China Times. Codenamed "Mt. Jade," Apple's first custom-made desktop processor will be twinned with its first self-developed GPU, codenamed "Lifuka," both of which are being produced using TSMC's 5-nanometer process, ...

iPhone 11 Pro Outlasts iPhone 12 and 12 Pro in Extensive Battery Life Test

Friday October 23, 2020 8:36 am PDT by
Arun Maini today shared a new side-by-side iPhone battery life video test on his YouTube channel Mrwhosetheboss, timing how long the new iPhone 12 and iPhone 12 Pro models last on a single charge compared to older models, with equal brightness, settings, battery health, and usage. All of the devices are running iOS 14 without a SIM card inserted. In the test, the iPhone 11 Pro outlasted both ...

Apple Warns MagSafe Charger Can Leave Circular Imprints on Leather Cases

Friday October 23, 2020 3:23 pm PDT by
If you keep your iPhone in a leather case while charging with Apple's new MagSafe Charger, the case might show circular imprints from contact with the accessory, according to a new Apple support document published today. Apple's leather cases for the iPhone 12 and iPhone 12 Pro are not available until November 6, but a MacRumors reader has already shared a photo of a circular imprint on...