The grey market is making a killing selling Apple's new iPhones at much lower prices in Mumbai and Delhi
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Even after the official launch of the iPhones in India, people have been buying them via unofficial route as they were offered cheaper prices.
The smartphones are also available on cheaper prices on eBay. On this platform, an imported iPhone 6s 16GB model was selling at Rs 53,153 while its official price is Rs 62,000. The iPhone 6s Plus 128GB model was available for Rs 80,180 on eBay compared with its official India price of Rs 92,000.
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The central government has increased the duty from this year on imported smartphones more than 10% to boost manufacturing of smartphones in the country under its '
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In India, Apple sells its new smartphones at prices that are as much as Rs 14,000-16,000 higher than in markets such as the
The latest iPhones cost between Rs 62,000 and Rs 92,000 and are Rs 8,500-9,500 more than last year's launch prices.
(Image: Indiatimes)
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