Indians Might Have Cheaper iPhone 11 As Apple Manufactures The Handset Locally Now

According to Piyush Goyal, the Minister for Commerce and Industry, Apple is manufacturing its iPhone 11 in India. The reasons for the tech giant’s decision are, one, reduce its reliance on China as the US-China trade war is still going on, and two, with its smartphones made locally, Apple can bypass India’s hefty import tax.

Manufacturing iPhones in India has long been Apple’s ambition but due to the lack of proper partner that can meet its strict quality standards, the iPhone maker has had to wait.

Starting in 2017, Wistron began to manufacture older iPhones to sell as a more budget-friendly price in the country. However, this month, Foxconn successfully made iPhone 11 at a factory near Chennai.

The first batch of Apple’s latest flagship phones is believed to have been shipped to local retailers.

In February, Tim Cook, Apple’s CEO said it would launch an online store in India shortly, paving the way for Apple Stores to be opened in 2021.

Both Foxconn and Pegatron recently announced their plans to invest more in India, the second-largest market for smartphones in the world.

And the biggest benefit for Apple when manufacturing in India is 20% of tax money it will save, despite the fact that it is much cheaper assembling phones in China.

The question here is whether Apple will lower the price of its iPhone 11 in India or it will keep the price and reap a large profit margin.

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