Apple prices foldable iPhone Duo at ₹2,99,900 in India

Apple unveiled its first foldable smartphone, the iPhone Duo, starting at ₹2,99,900 for the 256GB variant in India, significantly higher than its $1,999 U.S. price.

Applying an exchange rate of ₹95 per dollar yields a direct conversion of about ₹1,90,000, creating an Indian price gap of nearly 50%.

Import duties on high-value components like OLED panels and hinges, combined with an 18% GST, contribute to the elevated retail price.