Apple iPhone 11 now 'MADE IN INDIA'
APPLE iPhone 11 now 'MADE IN INDIA'
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The iPhone 11 models assembled in
India have already hit retail stores in South Asian country starting around
63,800 rupees ($850). According to rumors Apple will lower the prices at which
most Indians can buy.
Apple iPhone maximum retail prices in India are including the 30% import charge. Now as the assembly of iPhone 11 has started in India we could see the price drop when the made in India pieces are out in market for sale. As in India, to boost the motto of 'Make In India' project, we will definitely see the price drop in the 'Made in India' models.
Prachir Singh, a senior
research analyst at Counterpoint Research, believes that assembling the iPhone
11 in India is part of Apple's plan to shift 20% of production volumes to
India.
This plan was helped by the "[Indian] government's production-linked scheme," said Prachir. "In the long-run, India is a lucrative market for any price segment, because of its growing millennial population and rising income. Currently, 10,000 to 15,000 rupees is the sweet spot [for a smartphone] but the average selling price has been increasing over the years," he added.
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| Foxconn Plant |
"2020 - iPhone 11, 2019 - iPhone 7 &
iPhone XR, 2018 - iPhone 6S, 2017 - iPhone SE. This chronology is a statement
in itself as to how @narendramodi govt. has developed the mobile phone
manufacturing ecosystem in India. It's only a humble beginning," telecom
and IT minister Ravi Shankar Prasad tweeted.



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