Now apple going to start its manufacture of iphone 7 in india.
Apple has just started manufacturing the iPhone 7 model in India, in addition to iPhone SE and iPhone 6s. Foxconn, which is Apple’s assembly and production partner for its latest iPhones, is reportedly set to commence trial production of iPhone X, iPhone XS, iPhone XS Max and iPhone XR in India, before starting full scale assembly of these devices in its assembly plant situated on the outskirts of Chennai. thus widening its 'Made in India' portfolio and signalling its intention of developing the country as a manufacturing hub.
The cost of making iPhone 7 devices in India is cheaper than importing them due to the duty concessions any handset maker gets on local manufacturing, a move aimed at boosting the government’s Make in India initiative.Apple has been in talks with government officials in India for years now, having appealed unsuccessfully to gain some sort of concession from the heavy excise duties and stringent local sourcing norms. Having failed to do so, Apple has so far continued to import all of its latest iPhones to India, which in turn has led to incredibly high price tags, which are disproportionate with their prices abroad. For instance, the top of the line iPhone XS Max (512 GB) is priced at Rs 1,44,900 in India. However, the same devices costs Rs 1,00,000 in USA, showing an evident disparity in device pricing.
