Why 'made in India' iPhones do not lead to a price cut

Apple's latest iPhone 15 series will be available for pre-order in India on September 15 and will go on sale on September 22. The pricing for the new models is the same as their predecessors, except for the Pro models, which have increased in price. Apple has also doubled the base storage of the iPhone 15 Pro Max to 256GB. Apple's iPhone manufacturing in India has increased in recent years, and reports suggest that the iPhone 15 Plus will be locally produced in the next quarter. The high prices of iPhones in India are due to customs duties and GST, among other factors.

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