iPhone 16 Pro, Pro Max price drop expected at India launch. Here's what leaks say ahead of Apple event
Apple Expands Manufacturing to India
According to a Bloomberg report, Foxconn, one of Apple's major partners, is already preparing to manufacture the iPhone 16 Pro and iPhone 16 Pro Max in Tamil Nadu. The company has begun training thousands of workers to handle the production of these high-end models.
Foxconn is expected to start assembly shortly after the global release of these devices. In addition, other Apple partners in India, including Pegatron’s local unit and the Tata Group, will also contribute to the assembly process.
Price Reductions Expected with Local Assembly
This move is anticipated to have a direct impact on the pricing of these high-end models. Currently, iPhone 16 Pro and Pro Max units imported into India incur import duties, which significantly increase their retail prices. However, with local assembly, Apple aims to reduce these costs by up to 10%. Despite this reduction, the prices in India are still likely to remain higher compared to other global markets due to the cost of expensive components and local taxes.
A noteworthy aspect of this production shift is that most of the iPhone 16 Pro models assembled in India will be exported to markets like Europe, the Middle East, and the U.S. This is due to relatively lower demand for these high-end models within India itself.
This move is historic for Apple, as it marks the first time the company will manufacture its Pro series iPhones outside of China. Apple has been assembling iPhones in India for the past seven years, and this new development
