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Apple is not just making for India, they have also started exporting. They have exported worth $1.4 billion, which may not be very large chunk for company as bi

Apple is not just making for India, they have also started exporting. They have exported worth $1.4 billion, which may not be very large chunk for company as big as Apple, but Apple contractors are doubling down on India. https://www.financialexpress.com/industry/apples-big-bite-exports-from-india-at-rs-10000-crore/2466111/ https://www.financialexpress.com/industry/apples-big-bite-ex...

sharkster711 5y ago
iPhones are ridiculously expensive in India because of the import taxes - a decent chunk of the population would be able to afford them if they were brought in line with the US prices.
- YetAnotherNick 5y ago
  Right now iphone 13 price on amazon is ₹73,990. US price before sales tax $799 which is ₹60,646. Add 18% GST which is charged even in product manufactured in India, you would get ₹71,562. So basically around 3% is charged as import fees.
  - seanmcdirmid 5y ago
    Apple has a store in India: https://www.apple.com/in/iphone/ https://www.apple.com/in/iphone/ iPhone 13 is listed as ₹69900.00 (920$) vs. $799 in the USA. The former includes taxes, so its only fair to add $80 to the latter (taxes in my state are 10%), so it is still around $40 difference, which isn't bad. But it appears that the iPhone 13s sold in India today are already being produced in India. If that is the case, any secondary resalers on Amazon are going to take a loss if they imported the phones the hard way (though they could have just smuggled them in).
    - mohanmcgeek 5y ago
      > vs. $799 in the USA vs. $829 in the USA 799 includes carrier discounts. You get bank discounts in India which would get the price down to little over $800 iPhone 13 costs about the same as it would if you bought it in the US. But 13 Pro is a different story It costs $1580 compared to $1099 (incl. tax) in the US. I guess they don't make iPhone 13 Pros in India
    - dwh99 5y ago
      A correction - the price of Rs.69,900 is for the iPhone 13 mini. The iPhone 13 is listed at Rs.79,900 in the Indian Apple store (~$1,050 against $799 in the USA).
      - seanmcdirmid 5y ago
        Ah, thanks, I wasn't careful enough.
- wtmt 5y ago
  The base sales tax, which is GST in India, is also a lot higher (18%) than the average in the US (guessing it would be around 8%). A decent chunk of the population would be able to afford iPhones only if Apple reduces prices drastically and the GST rate goes to 12% or 5%. Neither of these are likely.
- akmittal 5y ago
  I think it's more to do with average household income. Per capita a US citizen earn 10x that of an Indian citizen.

sharkster711 5y ago

iPhones are ridiculously expensive in India because of the import taxes - a decent chunk of the population would be able to afford them if they were brought in line with the US prices.

YetAnotherNick 5y ago
Right now iphone 13 price on amazon is ₹73,990. US price before sales tax $799 which is ₹60,646. Add 18% GST which is charged even in product manufactured in India, you would get ₹71,562. So basically around 3% is charged as import fees.
- seanmcdirmid 5y ago
  Apple has a store in India: https://www.apple.com/in/iphone/ https://www.apple.com/in/iphone/ iPhone 13 is listed as ₹69900.00 (920$) vs. $799 in the USA. The former includes taxes, so its only fair to add $80 to the latter (taxes in my state are 10%), so it is still around $40 difference, which isn't bad. But it appears that the iPhone 13s sold in India today are already being produced in India. If that is the case, any secondary resalers on Amazon are going to take a loss if they imported the phones the hard way (though they could have just smuggled them in).
  - mohanmcgeek 5y ago
    > vs. $799 in the USA vs. $829 in the USA 799 includes carrier discounts. You get bank discounts in India which would get the price down to little over $800 iPhone 13 costs about the same as it would if you bought it in the US. But 13 Pro is a different story It costs $1580 compared to $1099 (incl. tax) in the US. I guess they don't make iPhone 13 Pros in India
  - dwh99 5y ago
    A correction - the price of Rs.69,900 is for the iPhone 13 mini. The iPhone 13 is listed at Rs.79,900 in the Indian Apple store (~$1,050 against $799 in the USA).
    - seanmcdirmid 5y ago
      Ah, thanks, I wasn't careful enough.
wtmt 5y ago
The base sales tax, which is GST in India, is also a lot higher (18%) than the average in the US (guessing it would be around 8%). A decent chunk of the population would be able to afford iPhones only if Apple reduces prices drastically and the GST rate goes to 12% or 5%. Neither of these are likely.
akmittal 5y ago
I think it's more to do with average household income. Per capita a US citizen earn 10x that of an Indian citizen.