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Why are iPhones so expensive in India?

Why are iPhones so expensive in India?

Last Updated: Sep 25 2023 | 5:10 PM IST

Apple's new iPhone 15 series was launched in India on the same day as the rest of the world. Thanks to India's 'Make in India' initiative and the Production-Linked Incentive (PLI) scheme, Apple has been manufacturing its iPhone 15 right here in India. They've even set up their own retail stores. But here's the twist – iPhones remain significantly pricier in India compared to the US and Dubai. Why is that so? Watch the video to find out