The iPhone SE will be Apple's first 'Made in India' Smartphone

It's really nice it's nostaligic- it reminds me of back in the day

After numerous talks between Apple Inc. and the Government of India regarding the former getting special tax concessions to begin manufacturing in the country, Apple has chose to go forward without their consent.

Last month, Apple agreed a deal with the Indian government to commence manufacturing operations in the Karnataka-based facility, with Taiwanese manufacturing partner Wistron reportedly winning the contract to set up the plant and focus on assembling Apple's phones.

Apple hopes to roll-out full-fledged manufacturing from 2018, after the iPhone assembly phase takes off. By assembling iPhone SE, the most economical product by Apple in its iPhone series, the company can price the smartphone at a lower price point to lure more customers. Moreover, bumping up the process to larger scale will further help Apple to cut down costs and sell iPhones at a much lower rate.

One thing to note is that the plant is all set to start assembling the smartphones by April 2017 and the tax demands are not connected to the plant being set up by Wistron. Currently, the basic model of iPhone SE smartphone is priced at Rs 39,000 and still retails around the Rs 30,000 mark.

Production will begin before the Indian government decides on Apple's proposed economic concessions, although Apple didn't officially say what concessions it's aiming for. The company seeks a 15-year exemption of custom duty levied on imports and many other tax benefits. Now, some previous reports claimed that Apple might go for iPhone 5S but have finally made a decision to go with iPhone SE keeping in mind the future developments in both software and hardware department. "Apple wants to make India its third home (in addition to the U.S. and China) and they want to manufacture in Karnataka".

While the device initially launched with a price tag of Rs. 39,000 ($582), it's now available at Rs. 30,000 (447); manufacturing it locally could help bring the cost down even further, thanks to tax benefits of about 12 percent.



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