Apple Cuts iPhone Prices in India Following Import Duty Reductions

First-ever price reduction on current premium models as Apple navigates slowing demand in China and expands Indian market presence.

Indian government reduces import duties on smartphones from 20% to 15%, prompting Apple to lower iPhone prices.
Price cuts range from ₹300 ($3.60) for older models to ₹6,000 ($72) for iPhone 15 Pro and Pro Max.
Despite reductions, iPhones remain significantly more expensive in India than in the U.S.
Apple's revenue from India surged 42% in 2023, highlighting the market's growing importance.
Foxconn may begin assembling iPads in India, marking a further expansion of Apple's manufacturing footprint in the country.