Recently, Apple had launched four new iPhones, The iPhone 13 Mini, iPhone 13, iPhone 13 Pro, and iPhone 13 Pro Max along with a new Apple Watch Series 6.
Now, the iPhone 13pro is iPhone 13 with few upgrades, and the iPhone 13 Pro Max is bigger with 6.5 inches display. The iPhone 13 Pro Max is the biggest Smartphone Apple has ever made. The iPhone 13 Mini is a budget iPhone, or you can call it a “Sasta” iPhone. By the way, the starting price of 13 Mini is 69,990 rupees so that you can purchase a Samsung flagship S21 or a Google Pixel 6 Pro with this amount of money.
Apple is a premium brand, so undoubtedly, the price of these smartphones will be much higher. Yes, and it is. With new generations of iPhones Apple continues to increase the price. New iPhones come with an A15 Bionic chip, the best processor ever in a smartphone, improved cameras, a gorgeous super retina OLED display and a lot more great features. But the biggest problem is the price, especially in India.
The starting price of the iPhone 13 Pro in the USA is US$ 999 and goes up to US$ 1349 whereas the cost of the iPhone 13 Pro Max starts from US$ 1099 to US$ 1449.
If we convert the USD to INR, then the price of the iPhone 13 Pro should start from 1,09,900 Rupees, but it isn’t. It starts at 1,19,900 rupees. Almost 10,000 higher than the USA price.
Now let’s talk about the higher-end variant of the iPhone 13 Pro Max ( 512 GB ). If we convert US dollars into Indian rupees, then the price should be around 1,59,900 rupees. But the real cost is 90,900 rupees—69,000 rupees more than the US price.
Apple uses simple mathematics for Indian pricing. Just multiply the US pricing by 100. The answer will be Indian pricing.
Now let’s talk about this price difference. Why are Apple products expensive in India than in other countries?
1. Not having manufacturing plants in India
Apple sells its products with a massive network of retail stores in India rather than their official stores, and this is because of India’s Foreign Direct Investment(FDI) policy that says that any brand has to source 30 per cent of its components locally if it wants to open manufacturing units in the country. Apple collects its components from different suppliers that are produced in 28 countries. Due to this very reason, many multinational brands such as H&M also sell their products at high prices in India.
2. Custom Duty
We know that for every product, India imports a fixed amount of customs duty is imposed on products. On average, the total amount of duties on Apple products paid to the government is 11.43% which includes shipping and handling charges also.
Not just Apple, we had seen a few months ago Xiaomi had increased the price of the Redmi Note 5 Pro and the Mi TV 4 just because of import taxes.
iPhone accessories such as earphones, chargers come under different categories, and Value Added Tax (VAT) is applied to these items, which is around 12.5%.
After the central government tax, every brand has to pay different taxes in different states of India, and this is probably the reason why the prices of iPhones are different in different regions of India.
These are the reasons for the 1.5 lac rupees iPhone. But still, Apple can decrease the price by making some deal with the government or by making iPhones in India. There is some charging issue with new iPhones called #ChargeGate. Hopefully, it will be fixed in the upcoming iOS 15 updates. One thing to notice here is, Apple does not provide a quick charger adapter in 1 lac rupees Smartphone! Few android brands provide better charging adapters at just a price of 10,000 rupees. Even Apple doesn’t offer a dongle for the 3.5 mm headphone jack! You have to spend extra money to purchase that!