This will also allow the iPhone to fall in the same price segment as a OnePlus phone or some Samsung phones.
The iPhone SE, which is Apple's most affordable iPhone in India, has been locally assembled since May a year ago.
According to the latest info from Economic Times, Wistron, Apple's production partner has set up a new assembly line for the iPhone 6s Plus, so the phablet will start getting mass produced in a couple of weeks. The Indian government announced a 10 percent customs duty on circuit boards, camera modules, connectors, and other parts.
Prime Minister attends Summit of the Americas and CHOGM
President Donald Trump has partially rolled back former President Barack Obama's diplomatic opening with the communist island. Vice President Mike Pence has unexpectedly left the start of an worldwide summit in Peru and been whisked off to his hotel.
Recent Counterpoint research revealed that the iPhone 6 series contributes to nearly one-third of total sales of iPhones in India in 2017, as compared to less than 15 percent generated from iPhone SE, the only Apple smartphone model to be locally assembled in the Wistron plant till now.
By manufacturing locally, this would help Apple cut prices by 5-7 percent, according to the report, if the company were to make all iPhone 6S Pluses sold in the Indian market domestically.
It's only when the local manufacturing plan "gains scale" will the buyers see a price correction. In terms of taxes, the Indian government raised tariffs on smartphones from 15 to 20 percent in February, which forced Apple to seek new measure to drop its prices and stay competitive.
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The US targeted steel and aluminium while China took aim at pork and wine among a slew of other products from the US. The trade deficit came in at USD4.98 billion in March, in contrast to the expected surplus of USD27.5 billion.
Though Apple has made a decision to assemble iPhone 6s in India, there are no plans for the company to start building their new devices in India anytime soon. Industry executives said Apple has also started discussion with its component vendors and contract manufacturers like Flex, Foxconn and Wistron to expand local sourcing, including components.
The tech giant has reportedly expanded its local sourcing initiative to two more parts in India, which now includes chargers, adapters and packaging boxes. This would bring the price of the iPhone 6s to the same level as that of the One Plus.
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The new micro-console that Sega has just revealed looks basically like a miniature version of the original Japanese Mega Drive. Next, SEGA announced SEGA Ages for the gaming console Nintendo Switch and stated that it would be available at Nintendo eShop.