iPhone SE (2020) To Be Made in India: Will This Lead To A Massive Price Cut?

Apple has started producing the iPhone SE (2020) in India. The new development comes a little over four months after the launch of the latest iPhone model in the country. The local manufacturing of the iPhone SE (2020), which has commenced at a Wistron facility in Karnataka, would help Apple avoid an import duty of 20 percent that mobile phone manufacturers need to pay for importing their models from global markets. Apart from the iPhone SE (2020), the Cupertino giant has been producing five iPhone models domestically in the country, including the last year's iPhone 11.