New iPhone prices have significantly increased in India due to component costs and import duties. Apple's foldable iPhone Duo and iPhone 18 Pro now carry substantial price tags.
This rise contrasts with India's past affordability for iPhones after local assembly began. Global memory chip shortages and AI demand are impacting smartphone manufacturing costs.
Financing options and aspirational buying continue to shape the Indian premium smartphone market.
This story was reported by The Times of India. Read the full coverage at The Times of India.
