Moneycontrol

Budget 2023Budget 2023

PARTNERS

  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
  • SMC Global Securities Limited
  • SBI Life
  • DSP Mutual Fund
Upcoming Event : LeapToUnicorn - mentoring, networking and fundraising for startups. Register now
you are here: HomeNewsTechnology

Apple iPhone 11 to be made in India: Here's what it could mean for Apple and Indian consumers

From Apple’s point of view, the company will not only save a massive 22 percent import duty by assembling the products locally under the Make in India initiative but will also rely less on its Chinese manufacturing plants, which had taken a significant hit due to the pandemic. But will it pass the profit to consumers by dropping the iPhone 11's price?

July 24, 2020 / 09:45 PM IST

Apple is keen on grabbing some market share in India. After assembling the iPhone XR and some older-generation iPhones, the Cupertino, California-based US tech giant has begun making its latest flagship smartphone, the iPhone 11, in India. 

Manufacturing the iPhone 11 in India could certainly be a move in the positive direction for both Apple and its consumers here in India.

From Apple’s point of view, the company will not only save a massive 22 percent import duty by assembling the products locally under the Make in India initiative but will also rely less on its Chinese manufacturing plants, which had taken a significant hit due to the pandemic.

Apple is also likely to cut down the price of the iPhone 11 after making it in India. While there is no official confirmation, a teaser on Amazon India’s website suggests that the iPhone 11 will get a price drop during the Amazon Prime Day sale. The discounted price will be revealed on August 6, which is when the Prime Day sale kicks off.