Made locally, but iPhone 15 dearer in India than US

When the production of iPhones was started by Foxconn in Tamil Nadu, it was expected that prices in the domestic market would come down. However, it has not happened as the newly launched iPhone 15 costs much more in India than in the US, despite being produced locally.

The base variant of iPhone 15 is priced at Rs 79,900 while iPhone 15 plus costs Rs 89,900, iPhone 15 Pro Rs 1,34,000 and iPhone 15 Pro Max is priced at Rs 1,59,900.

As compared to India, the pricing of iPhone 15 in the US starts at $799 (approx. Rs 66,317) and iPhone 15 Plus $899 (approx. Rs 74,617).