Apple increases the prices of iPhone after customs duty hike

Apple has increased the price of iPhone for the Indian markets by up to Rs 3,210 across models. Prices were revised after customs duty hike on mobile phones and components in the Budget 2018. The prices of Apple Watch have also been increased by up to Rs 2,510 in India.

Also, smartwatches and wearables now attract 20 percent, a two-fold increase, while that on specified parts and accessories of mobile phones has gone up to 15 percent from the current range of 7.5-10 percent. Experts believe this to increase the overall prices of imported smartphones around 3-4 percent.

The price of each model will be updated soon.