iPhone 17 Tipped to Receive a Price Hike in India Amid Stock Shortage and High Demand

Apple may offer bank discounts over iPhone 17's revised pricing in order to absorb some of the cost.

iPhone 17 Tipped to Receive a Price Hike in India Amid Stock Shortage and High Demand

iPhone 17 price in India is set at Rs. 82,900 for the base variant with 256GB of storage

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Highlights
  • Apple may raise iPhone 17 prices in India due to high demand, low stocks
  • A price hike of up to Rs. 7,000 may affect both storage variants
  • Bank offers may help reduce the increased cost for buyers
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The iPhone 17 was launched in India in September, bringing about meaningful upgrades over its predecessor. Among those was a bump in the base storage capacity to 256GB, which came at a price increase of about Rs. 3,000 over the iPhone 16. A tipster claims that Apple could hike the price of all SKUs of the iPhone 17 in India. This is attributed to the high demand for the handset and the brand running low on stocks.

iPhone 17 Price Hike in India

The iPhone 17 launch price in India begins at Rs. 82,900 for the base variant with 256GB of storage. It is also available in a 256GB storage configuration, which is priced at Rs. 1,02,900.

According to tipster Yogesh Brar's post on X, the iPhone 17 could see a price hike of up to Rs. 7,000 for both 256GB and 512GB configurations. If this turns out to be accurate, it would put the revised price of both SKUs at Rs. 89,900 and Rs. 1,09,900 — the exact price at which the iPhone 16's 256GB and 512GB variants were available in India.

The Cupertino-based tech giant could offer bank discounts over its revised pricing in order to absorb some of the cost, as per the tipster. This price hike is attributed to two factors: low stock of the iPhone 17 in circulation and high demand among consumers.

However, it remains unknown if the recent uptick in memory component prices is also behind the reported price revision. PC and smartphone memory chips, in particular, dynamic random access memory (DRAM), are severely scarce in the market, and this is causing a massive price hike. Such components have witnessed a price hike of 20-50 percent in recent days, with Samsung hiking its memory chip prices by up to 60 percent.

Consequently, recently launched flagship smartphones have all been introduced at considerably higher price tags than their predecessors.

For example, the OnePlus 15 was launched in India for Rs. 72,999, compared to the Rs. 69,999 price tag of the OnePlus 13. The new iQOO 15, on the other hand, has entered the market with an even bigger price gap. Its predecessor's launch price was Rs. 54,999 for the base variant, while the latest model costs Rs. 72,999.

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Display 6.30-inch
Processor Apple A19
Front Camera 18-megapixel
Rear Camera 48-megapixel + 48-megapixel
RAM 8GB
Storage 256GB, 512GB
OS iOS 26
Resolution 1206x2622 pixels
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Shaurya Tomer
Shaurya Tomer is a Sub Editor at Gadgets 360 with 2 years of experience across a diverse spectrum of topics. With a particular focus on smartphones, gadgets and the ever-evolving landscape of artificial intelligence (AI), he often likes to explore the industry's intricacies and innovations – whether dissecting the latest smartphone release or exploring the ethical implications of AI advancements. In his free time, he often embarks on impromptu road trips to unwind, recharge, and ...More
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