Apple Inc., the US tech giant, is looking forward to find different ways for making India its next biggest market, where it will operate fearlessly. The company has found a way of dealing in Indian market by dropping the iPhone prices. Apple amazed almost everyone last week by quietly cutting the price of various iPhone variants in the Indian markets. Subsequently, all iPhone models launched in the previous two years have officially become relatively inexpensive, as some of the models have been getting a price slash of approximately up to Rs. 5,000.

Apple not to increase iPhone Prices in India amid Custom Duty levied by Government

Such a move by Apple Inc. is really appreciable, because several other international companies are expected to reconsider their strategy for Indian market in order to make their mobiles more competitive in market. As the Indian government has levied 10 percent of basic customs duty on mobile phones and other electronics, it has however not yet specified this duty in case of certain accessories.

The Indian Government plans to further push this policy so as to extend its support to the local companies hence promoting the “Made in India” slogan. This move by Indian Government is expected to impact mobile phone manufacturers such as Apple and Lenovo and also the Indian manufacturers such as Micromax, which is yet relying on importing phones in the country. Analysts said that these companies will soon increase their phone prices to react the change.

But after that, we won’t find iPhones’ prices increasing again in the country. Apple took the Government’s move into consideration before cutting the price of iPhones, Apple Watch models and MacBooks.