Apple Selling 'Made In India' iPhones On Trial Basis
Bengaluru: The US-based technology major Apple has started selling iPhones at select stores in the country that were assembled in India as part of its trial run.
"Apple is selling iPhone SE in India at select stores. These phones were assembled in India on trial basis in limited quantities," an industry source told PTI. Apple did not comment on the development.
The technology major a couple of days back had said that it was "beginning initial production of a small number of iPhone SE in Bengaluru".
"The high-end India-made iPhones (iPhone SE) have already hit the Indian market. These have been on sale from May 2 onwards," another source said.
A picture shared by the source showed details of the iPhone SE with 32GB storage capacity with 'Designed by Apple in California, Assembled in India' printed on the box.
The picture showed the price of Rs 27,200 inclusive of all taxes on the box.
The source also said the Cupertino-based maker of iPhones and iPads had completed the manufacturing of iPhones SEs in Bengaluru in April.
The units are assembled by Apple's Taiwanese manufacturing partner Wistron Corp.
Earlier, Karnataka IT Minister Priyank Kharge had told PTI that the making of iPhones in India would help Apple lower prices and gain a foothold in the Indian market.
He had also expressed hope that it would bring in much needed taxes to the state as well.
Apple wants to bring its component manufacturers to India to make parts and export finished phones and is seeking tax concessions on import of key components. However, the central government has rejected most of the demands of the US company.
Kharge also had said if the Centre was keen on taking on China, it should not give special treatment to Apple alone, but to other players like Samsung and Lenovo also if they are desirous of opening manufacturing units in India.
Kharge had said the government should also give companies, including Apple, certain timelines, subsidies and incentives to create a level-playing field.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.