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.

apple india
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

69Mustang Avatar
40 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)
nicho Avatar
40 months ago
TWO percent is hardly a "hike" in prices.
Score: 2 Votes (Like | Disagree)
69Mustang Avatar
40 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)
Steve121178 Avatar
40 months ago
Yeah, raising the prices in one of the most cost-conscious markets on the planet will work.
Score: 1 Votes (Like | Disagree)
thespazz Avatar
40 months ago
‘Hike’ quality journalism here
Score: 1 Votes (Like | Disagree)

Popular Stories

iOS 17 on Phone Feature

Gurman: iOS 17 to Provide Several 'Most Requested Features'

Sunday March 26, 2023 6:05 am PDT by
Apple changed the strategy for iOS 17 later in its development process to add several new features, suggesting that the update may be more significant than previously thought, Bloomberg's Mark Gurman reports. In January, Gurman said that iOS 17 could be a less significant update than iPhone updates in previous years due to the company's intense focus on its long-awaited mixed-reality...
iOS 16

iOS 16.4 Will Add These 8 New Features to Your iPhone

Sunday March 26, 2023 8:06 am PDT by
Following nearly six weeks of beta testing, iOS 16.4 is expected to be released to the public as soon as this week. The software update includes a handful of new features and changes for the iPhone 8 and newer. To install an iOS update, open the Settings app on the iPhone, tap General → Software Update, and follow the on-screen instructions. Below, we have recapped eight new features and...
apple mixed reality headset concept by david lewis and marcus kane

Some Apple Employees Seriously Concerned About Mixed-Reality Headset as Announcement Draws Closer

Sunday March 26, 2023 8:25 am PDT by
Some Apple employees are concerned about the usefulness and price point of the company's upcoming mixed-reality headset, The New York Times reports. Apple headset concept by David Lewis and Marcus Kane Initial enthusiasm around the device at the company has apparently become skepticism, according to eight current and former Apple employees speaking to The New York Times. The change of tone...
iOS 16

Apple Releases iOS 16.4 With New Emoji, Safari Web Push Notifications, Beta Changes, Voice Isolation for Calls and More

Monday March 27, 2023 10:03 am PDT by
Apple today released iOS 16.4, the fourth major update to the iOS 16 operating system that initially came out last September. iOS 16.4 comes two months after the launch of iOS 16.3, an update that added Security Keys for Apple ID. iOS 16‌.4 and iPadOS 16.4 can be downloaded on eligible iPhones and iPads over-the-air by going to Settings > General > Software Update. It can take a few minutes...
Steve Jobs Theater dusk

Apple Reportedly Demoed Mixed-Reality Headset to Executives in the Steve Jobs Theater Last Week

Sunday March 26, 2023 5:53 am PDT by
Apple showcased its mixed-reality headset to the company's top 100 executives in the Steve Jobs Theater last week, according to Bloomberg's Mark Gurman. In the latest edition of his "Power On" newsletter, Gurman explained that the "momentous gathering" is a "key milestone" ahead of the headset's public announcement planned for June. The event was intended to rally Apple's top members of...
top stories 25mar2023

Top Stories: iPhone 15 Pro Design Leak, iOS 16.4 Coming Soon, and More

Saturday March 25, 2023 6:00 am PDT by
We're still almost six months away from the official unveiling of the iPhone 15 lineup, but it seems like every day we're learning more about what to expect from the next-generation models. Notably, this week gave us our clearest look yet at what appear to be some changes for the volume and mute control hardware. iOS 16.4 and associated releases are also right around the corner with some new ...
apple tv 4k red image

Apple Releases tvOS 16.4 for Apple TV 4K and Apple TV HD

Monday March 27, 2023 10:00 am PDT by
Apple today released tvOS 16.4, the fourth major point update to the tvOS 16 operating system that came out last September. Available for the Apple TV 4K and Apple TV HD, tvOS 16.4 comes two months following the release of tvOS 16.3. The tvOS 16.4 update can be downloaded over the air through the Settings app on the ‌‌‌‌Apple TV‌‌‌‌ by going to System > Software Update....