The decision was made to encourage manufacturing in India as part of the Make in India initiative.
Zee News Network
Tech-giant Apple on Monday increased the prices of all its iPhone models in India, days after the Indian government hiked the import duty on mobile phones by five percent.
The mobile phones will now be taxed at 15 percent from earlier's 10 percent. The increase will be effective from today itself.
iPhone X lovers will now have to shell out Rs 92,430 for the 64GB and Rs 1,05,720 for the 256GB variant, which earlier were available for Rs 89,000 and Rs 1,02,000 respectively.
The iPhone 8 and 8 Plus will now start at MRP of Rs. 66,120 and Rs. 75,450 respectively, compared to Rs. 64,000 and Rs. 73,000 earlier.
Likewise, the iPhone 7 and 7 Plus will now start at Rs. 50,810 and Rs. 61,060 respectively, while the iPhone 6s and 6s Plus starting price will now be Rs. 41,550 and Rs. 50,740 respectively.
However, iPhone SE is the only model which is unaffected by the price hike, because the company assembles it in India.
The government made this decision to curb the overseas supplies and encourage manufacturing in India as part of the Make in India initiative.
Microwave ovens and cameras are the other electronic products to be affected by the increase in import duty.