According to Rest of World, India is Apple’s second‑largest iPhone manufacturing hub after China and makes about 25% of global iPhone production. Rest of World also says India is the world’s fourth‑largest iPhone market.

Counterpoint Research says the higher iPhone prices in India are mainly because of local taxes, import duties and currency fluctuations. These extra costs are added to the price that consumers pay.

Only 18% to 20% of the electronic components in iPhones assembled in India come from India; most parts are imported. Nukeni compares official Apple retail prices across countries and converts local prices to U.S. dollars using exchange rates.