To put the simple conversion rule and you will see that the iPhone 12 and 12 Pro are perhaps the most expensive in India when compared to most other popular smartphone markets. For instance, the iPhone 12 (128GB variant) in the US starts at $879. If you add taxes then it will cost close $940, which converted to Indian rupee would be roughly Rs 70,000. The iPhone 12 in India starts at Rs 79,900 for the 64GB variant. The 128GB variant costs Rs 84,900.
The same goes for countries like China, Japan, UK, Russia — where the iPhone 12 and 12 Pro are cheaper than what they cost in India. The government of India had hiked the GST rate from 12% to 18% which made the iPhone costlier. Not only that, but import duties on certain components were also hiked, which led to iPhones costing more.
Having said that, Apple’s iPhones now are available across the price range for those looking for premium phones costing above Rs 40,000. From the iPhone SE to iPhone 12 Pro Max, Apple now has an iPhone from as ‘low’ as Rs 40,000 to as high as Rs 1.3 lakh.