Why is Apple not popular in India?

It’s no secret that the company has also been investing in new facilities in India, which helps not only to reduce the prices of products there but also makes Apple less dependent on China. For more than a decade, Apple has struggled to sell its handsets in India because of the expensive price tags they carry.

How does Apple sell their products in India?

In 2019, Indian Prime Minister Narendra Modi relaxed rules that required foreign retailers like Apple to meet a 30\% made-in-India threshold to sell directly to Indian consumers via online and physical stores. The rule had forced Apple to sell its wares through Indian phone stores and other domestic retail chains.

Is Apple successful in India?

After doubling its business in the October-December 2020 quarter, and delivering strong March 2021 quarter results, Apple had recorded one of the best ever sales quarters in April-June 2021. iPhones continue to be the biggest contributor to Apple’s success story in India.

Why are Apple products overpriced in India?

But, what makes them expensive in India is the customs duty. Premium smartphones like iPhone 12, iPhone 13 are not manufactured in India, due to which 22.5\% customs duty is implied on them. Currently, Apple iPhone 13 attracts a GST of about Rs. 10,662.

Why is iPhone not good in India?

High import tariffs There is a very high import duty on phones that are not manufactured locally in India. Because of tariffs and duty, most smartphone producers tend to produce their smartphones locally so they don’t have to pay that high import duty.

Can I sell my iPhone in India?

If you want to know how to sell old iPhones for the most cash, there are so many places you can go to. One way to do this is to sell your iPhone for credit. For this, you can simply use the Apple store credit trade-in program. You can also choose to sell used iPhone mobile directly through OLX and Facebook Marketplace.

Does Apple sell India?

Apple’s online store, launched in India in the second half of 2020, has contributed significantly to its doubling market share in India’s premium smartphone segment to 4\%, CEO Tim Cook said this January. And seeing this success, Apple’s long-awaited retail stores are also on their way, he added.

Does Apple sell online in India?

Mumbai, India — Apple will launch the Apple Store online in India on September 23, offering Apple’s full range of products and support directly to customers across the country for the first time.

What is a replaced iPhone?

It means that it is a refurbished device ( most of the time) and it look brand new, If the iPhone you turn in to Apple is sim locked to a provider the replacement device will also be locked.

Why doesn’t Apple have a retail store in India?

(Double-pay-middleman). Apple simply can’t start building their retail store in India to sell the iPhone because they are limited by government restrictions that require foreign retailer s to buy at least 30\% of their materials from Indian vendors.

What happened to Apple’s iPhone sales in India in 2018?

So far in 2018, iPhones shipped in India are down 40\% and Apple’s market share there has dropped to about 1\% from about 2\% in 2017, Canalys estimated. In a November conference call with analysts Cook said, “I sort of view these as speed bumps along a very long journey.

Why is Apple failing in India?

In 2018, Apple lost 3 key Indian executives, failed to meet its annual revenue target in the region, and was hit by India’s high smartphone tariffs, it is clear that Apple has been struggling in the region and for some reasons.

Why don’t Indians buy iPhones?

Because of this, Samsung, Vivo, and Xiaomi accounted for the majority of Indian smartphone sales garnering 16\%, 17\%, and 30\% respectively, with Apple only owning about 2\%. Combining the high price of the iPhone with a GDP per capita of $2,171, its easy to see why Indians aren’t willing to pay so much for a phone that costs above a thousand dollars.