Yes, Apple has started manufacturing iPhone 7 in India, however, there was no drop in price.
The cost of manufacturing the phone is much cheaper than importing them because any manufacturer gets additional benefits along with cost-cutting facilities under the government of India initiative of “Make in India”. And yet the price for any Apple device, especially the iPhone did not drop down. Moreover, the government approved a five thousand crore rupees project which helps Apple to start manufacturing its products in India. Well, I may see some price drop in the future but for now, it’s just the same old expensive iPhones.
iPhone 7 is a low-risk kind of product for Apple to make out of India. To that extent, it (local manufacturing of iPhone 7) is about revalidating Appleís India manufacturing capability before they scale up to other models, I said Navkender Singh, research director at IDC India.