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BUSINESS·2 min read·Aug 25, 2020

Apple started producing its most affordable smartphone iPhone SE in India

The prices for iPhone SE has already been dropped to Rs 35,999 for the 64GB variant from Rs 42,500 on some of the ecommerce platforms in India. Apple, which is an Cupertino-based Inc. has confirmed that it has started manufacturing the iPhone SE (2020) in India. The US tech giant’s cheapest iP

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The prices for iPhone SE has already been dropped to Rs 35,999 for the 64GB variant from Rs 42,500 on some of the ecommerce platforms in India.

Apple, which is an Cupertino-based Inc. has confirmed that it has started manufacturing the iPhone SE (2020) in India. The US tech giant’s cheapest iPhone will b w be locally manufactured in Karnataka at the Wistron facility.

Minister Ravi Shankar Prasad tweeted abot the Apple’s latest move, “Apple’s latest and most affordable smartphone iPhone SE is now being exported from India. Its production started in record time from Bengaluru facility, notwithstanding the disruptions brought by COVID-19. We are committed to developing India as an electronics manufacturing hub.”

The local manufacturing will be helping Apple to reduce the import duty of 20 percent, which phone makers use to pay for importing their models from other countries. The prices for iPhone SE has already been dropped to Rs 35,999 for the 64GB base variant.

As, it was launched at Rs 42,500 on some ecommerce platforms in India. In April, 2020 iPhone SE was launched globally, including in India. It is one of the cheapest iPhone from the Cupertino-based company, which sports a smaller screen of 4.7-inch, wireless charging and Touch ID.

“iPhone SE packs our most powerful chip into our most popular size at our most affordable price, and we’re excited to be making it in India for our local customers,” Apple said in an interview.

In this month, Union Minister Ravi Shankar Prasad announced in a press conference about the Apple’s contract manufacturers Foxconn, Wistron, and also Pegatron applied for a $6.64 billion scheme under the Indian government’s production-linked incentive (PLI) plan.

Till, now total 22 companies have filed their application under the PLI Scheme. These companies will further produce mobile phones and components of worth Rs 11.5 lakh crore in the coming 5 years. Even the products worth Rs 7 lakh crore will be exported globally.

Previously, Apple was producing other iPhone models in India, including iPhone 7, iPhone 11, iPhone XR, iPhone 6S, and now iPhone SE (2017) and iPhone SE (2020).

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  1. 01What is this story about?
    The prices for iPhone SE has already been dropped to Rs 35,999 for the 64GB variant from Rs 42,500 on some of the ecommerce platforms in India. Apple, which is an Cupertino-based Inc. has confirmed that it has started manufacturing the iPhone SE (2020) in India. The US tech giant’s cheapest iP
  2. 02Who wrote it?
    Sheena · Staff. 2 min read · Aug 25, 2020.
  3. 03Is this sponsored?
    If a piece is, the disclosure sits above the cover image and again in our public transparency report. This one carries no commercial disclosure.
  4. 04How do I get the rest?
    Subscribe to The Briefing for a Wednesday letter from the desk, or browse by category from the top navigation.

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