Apple has hiked prices for its iPhone range in India following an increase in the import duty introduced by the government during the annual budget for 2020. Not all devices are affected. Prices for the iPhone 7 and the iPhone XR remain static as both handsets are assembled in India. The flagship iPhone 11 range and the iPad have also been exempted from the hike. The affected devices include the iPhone 8 and the 8 Plus, the iPhone 11 Pro and the 11 Pro Max.
The price hike is within a range of 0.91 percent to 1.5 percent of existing MSRP and is applicable from March 2nd. Starting with the most expensive device out of the bunch, the 64GB variant of the iPhone 11 Pro Max is now priced at Rs 1,11,200, while the 256GB variant can be purchased for Rs 1,25,200. The flagship variant sporting 512GB of storage now costs Rs 1,43,200. The devices were priced at Rs 109,900, Rs 1,23,900, and Rs 1,41,900, respectively before the hike.
The iPhone 11 Pro will now set you back by Rs 1,01,200 for the base 64GB variant. The 256GB variant is priced at Rs 1,15,200 while the top-of-the-line 512GB variant can be yours for Rs 1,33,200. The devices were previously priced at Rs 99,900, Rs 1,13,900, and Rs 1,31,900, respectively.
The base variant of the iPhone 8 with 64GB of storage is priced at Rs 40,500. The 128GB variant can be bought for Rs 45,500. The devices were earlier priced at Rs 39,900 and Rs 44,900, respectively. Finally, the iPhone 8 Plus now costs Rs 50,600 and Rs 55,600 for the 64GB and 128GB variants respectively. The smartphones were previously priced at Rs 49,900 and Rs 54,500, respectively.
Apple justified the price hike by stating the increase in the basic customs duty (BCD) and the subsequent revocation of exemptions previously promised by the Indian government. While the iPhone 7 and iPhone XR are assembled in the country, the other devices are imported from China. This news comes right at the heels of Apple announcing its first independently-owned brick and mortar store in the country by 2021 and online operations by the end of 2020.
The announcement was made shortly after the Indian government relaxed taxes on foreign companies directly operating retail outlets in the country. Apple is yet to acquire the required licenses for operations, but CEO Tim Cook has assured the Indian fans that discussions with the concerned authorities are underway.
By operating independently in India, Apple will be able to offer its entire range of services to patrons including AppleCare and have greater control over the pricing. With that being said, Apple’s lineup will still be subjected to heavy import taxes by the government.