As Apple plans to setup its manufacturing factory in Bengaluru, Indians have started getting super excited with rumours of Made in India iPhone 8 prices going down.
Iphone company recently confirmed the news and suggested that they might come up with a manufacturing facility in the country and would even set up Apple stores in India.
The company plans to commence manufacturing at the Indian factory as soon as April means an Indian-made iPhone for the first time ever and the idea sure seems exciting.
However, reports suggest Apple is not going to manufacture all gadgets initially but will restrict itself to a couple of gadgets and slowly increase the production.
Apple has constantly been in talks with the Modi government, urging them to provide tax breaks and incentives. Tim Cook’s visit to India and his meeting with PM Narendra Modi sparked off a series of rumours regarding Apple setting up stores in the country.
Apple currently pays over 12 percent of manufacturing and production costs on iPhones and other Apple devices as import taxes and duties.
With a Made in India iPhone, these costs might be eliminated, leading to a much cheaper device for Indians. Not only will the iPhone get relatively cheaper and at par with it’s international pricing, it will also mean better service and repairs through local Apple stores in the country.
Till date, Apple sold iPhones and other Apple gadgets in India through it’s licensed re-sellers and distributors.