Apple has reduced iPhone prices in India following a reduction in basic customs duty announced in the Union Budget 2024 by Finance Minister Nirmala Sitharaman.
The cut benefits high-end models like the iPhone 15 Pro and Pro Max, with discounts up to ₹6,000. Lower-end models, including the iPhone SE, saw modest price drops. The duty cut, now at 16.5%, was a major demand from the electronics industry. Apple imports its Pro models while manufacturing others in India.