iPhone 6 Pricing and Future Outlook in India
Thanks for asking about the exact price of the iPhone 6 in India. As of now, the 32GB variant of the iPhone 6 is available at competitive prices, thanks to major deals and sales events. For instance, on regular days, you can find it at around ?21,000, while during promotional events like the Flipkart Big Billion Days, it is available for as low as ?19,999.
Discontinuation and Future Pricing
Apple plans to discontinue the iPhone 6 in India eventually, potentially offering it at lower prices in order to clear out the stock. For the 16GB variant, you can expect to see it priced between ?20,000 to ?22,000 in the near future.
Government Approval and Manufacturing in India
Apple has received the green flag from the Government of India, allowing them to manufacture their products in the country. This move is part of the 'Make in India' initiative, which seeks to boost local manufacturing and supply chains.
With this manufacturing unit, Apple is likely to produce the iPhone locally, bringing production closer to the consumer. This could mean that iPhones will be sold at prices closer to global standards, particularly in countries like the USA. For instance, the iPhone 6 was priced at the same level as the iPhone 5s during its launch due to currency conversion and international pricing strategies.
Impact on Future Prices
While establishing a manufacturing unit in India is expected to enhance production and reduce supply chain costs, it is unlikely to significantly reduce the selling price of the existing iPhone 6. Apple aims to maintain a strong brand image and profitability. However, new models entering the market may see slight price adjustments, perhaps around ?50,000 (equivalent to the current price of the iPhone 8).
Based on historical data, considering the stability of the Indian rupee, the iPhone 6 price in 2023 might be less than or approximately equal to the price of the iPhone 5s, which was around ?53,500. Additionally, due to the current favorable exchange rates, 1 USD is trading around ?60-61, making the iPhone 6 more affordable in India.
Conclusion
In summary, while there might be slight fluctuations in prices due to currency exchange rates and promotional deals, the iPhone 6 is expected to remain competitively priced in India. The introduction of local manufacturing could lead to more affordable new models in the future, but the existing iPhone 6 is expected to maintain its relatively low price point.